Tag: Filinvest News
Inclusive Growth: How Filinvest’s Business Initiatives Create Shared Value for Communities
Studio N Nears turnover, opening final window for investors in Filinvest City
FDC 1Q 2026 profit rises 8% on real estate growth
Filinvest Group unlocks new growth paths in key sectors
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.
FILRT wins gold for sustainability at 2024 Stevie International Business Awards
Filinvest REIT Corp. (FILRT) wins anew at the 2024 Stevie International Business Awards®, reaffirming its position as a sustainable REIT. FILRT earned a Gold Stevie® Award in the Sustainability Product of the Year – Asia, Australia, & New Zealand category).
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.
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 poised for stronger growth with new ventures
Filinvest Hospitality is enhancing its established hotel brands and introducing new hotel and food and beverage (F&B) offerings to provide exceptional travel experiences and support local tourism. In 2023, the hospitality arm of Gotianun-led Filinvest Development Corporation, achieved a notable 48 percent revenue increase to ₱2.9 billion, driven by better occupancy rates, higher average room rates, and increased contributions from its F&B outlets.
FAI wins three major category awards at the 2024 Asia Pacific Property Awards
Filinvest Alabang, Inc. (FAI) is proud to announce its recent accolades at the esteemed 2024 Asia Pacific Property Awards, further solidifying its position as a trailblazer in crafting vibrant and sustainable communities.