Filinvest Development Corporation (FDC) is picking up the pace toward becoming one of the fastest-growing conglomerates in the Philippines. As the parent company of diverse businesses contributing to key sectors driving economic progress, FDC is focusing on new strategies to ensure growth and excellence, showcasing a remarkable mid-year financial performance for 2024.
Tag: Filinvest Group
Three Major Wins for FLI at the Dot Property Philippines Awards 2024
Filinvest Land, Inc. (FLI) strengthens its reputation as one of the Philippines’ leading full range real estate developers, clinching multiple prestigious awards at the Dot Property Philippines Awards 2024.
Filinvest Development Corporation’s 1H24 net income rises 41% to P5.5B, 2Q growth at 46%
Filinvest Development Corporation’s (FDC) net income attributable to equity holders of the parent company grew by 41 percent to ₱5.5 billion in the first half of 2024 from ₱3.9 billion in the same period last year. For the second quarter, net income grew by 46 percent to ₱2.6 billion from ₱1.8 billion in the same period in 2023. The growth was driven mainly by the banking, power, and property businesses.
Fueling Clark’s Growth: Filinvest’s Role in Economic Expansion
Beyond building and enabling thriving communities for Filipinos, the Filinvest group is a committed partner in nation-building efforts that fuel local economic growth. One of its landmark investments is in Central Luzon where it is helping revitalize and transform Clark into a thriving economic powerhouse.
Fast Forward: Filinvest Growing as One
The Filinvest Group continues to move fast forward this 2024, reinforcing its commitment to sustainable growth and sharing with its stakeholders the promise of enabling more Filipinos to achieve their dreams.
Filinvest Hospitality Corporation fuels expansion with Grafik Hotel Collection
Filinvest Hospitality Corporation (FHC) formally topped- off its latest hotel development, Grafik Hotel Collection, located within Camp John Hay. This marks the official launch of FHC’s Grafik Hotel Collection, a new line of hotels aiming to deliver guest experiences that will inspire stories about Filipino culture and heritage. The project is in partnership with the Bases Conversion and Development Authority (BCDA) and John Hay Management Corporation (JHMC).
Isabelle Gotianun Yap, Women Leaders Join Filinvest Board
Filinvest Development Corporation (FDC) recently welcomed EastWest Bank’s Executive Director Isabelle Gotianun Yap and two other women leaders to its board of directors, further emphasizing the company’s commitment towards embracing inclusion at the highest levels of the organization. Joining Yap as FDC’s new board of directors are Atty. Marievic G. Ramos- Añonuevo and former Philippines Treasurer Mina C. Figueroa. The company’s board of directors comprises five women out of seven members, marking a significant step forward on gender parity and diverse leadership.
Filinvest’s flagship project achieves 8 million safe man-hours
In an industry where safety is paramount, achieving significant milestones is not just a cause for celebration; it is a testament to the dedication and commitment of every individual involved. Filinvest’s flagship power project, the FDC Misamis Power Corporation 3×135 MW Baseload Thermal Power Plant in Villanueva, Misamis Oriental, a leading energy player in the Mindanao region, reached a remarkable feat, clocking in 8 million safe man-hours without any lost-time incidents since its commercial operations in 2016.
FILRT and Genpact Sign Sixth Expansion in Northgate Cyberzone
Filinvest REIT Corp. (FILRT) today announced it has signed an agreement with GENPACT SERVICES LLC (PHILIPPINE BRANCH) (Genpact), a global professional services and solutions firm delivering outcomes that shape the future, for Genpact’s expansion in Northgate into the iHub 1 Building.
Filinvest discusses development plans in New Clark City at the EJAP-BCDA Clark Forum
Filinvest Land Inc. (FLI) underscored its vision and commitment to support the development of the Clark ecozone through its projects in the area during the recent EJAP-BCDA Clark Forum held at the New Clark City Athletics Stadium. FLI Senior Vice President and Business Unit Head for Industrial and Logistics Francis V. Ceballos was invited as a speaker in the forum attended by media practitioners.