Inquirer
MANILA, Philippines – Filinvest Development Corp. (FDC) grew its attributable profit in the first quarter as strong real estate sales helped offset weaker contributions from its power business amid a challenging macroeconomic environment. In a disclosure on Thursday, the Gotianun-led conglomerate said net income attributable to equity holders of the parent company rose 8 percent to P3.9 billion in the January-to-March period from P3.6 billion a year ago. Consolidated net income climbed 7 percent to P4.8 billion. READ: Banking boosts FDC bottom line by 24% Total revenues and other income increased by 5 percent to P30.8 billion, driven mainly by gains […]... Keep on reading: Filinvest first-quarter earnings rose 8%
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