Inquirer
MANILA, Philippines – Filinvest Land Inc. (FLI) grew its first-quarter net income to P1.10 billion as strong residential sales and rising recurring revenues helped the property developer surpass broader industry trends. The Gotiaunun-led property developer said Friday that its consolidated revenues rose 4.5 percent to P6.31 billion during the January-to-March period. The listed developer said earnings growth was driven by its “high-velocity” business model, which allowed the company to convert market demand into stronger financial performance. READ: Filinvest Land seeks SEC nod on P 11.6-B fresh bond sale A major contributor to the quarter’s performance was the sharp reduction in […]... Keep on reading: Filinvest Land Q1 income rises to P1.1B
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