GOTIANUN-LED Filinvest Development Corp. (FDC) reported a 30-percent jump in 2018 net income, to P13.4 billion from P10.3 billion a year earlier, as gains from its property and power businesses offset a profit drop from banking.

Revenues increased by 8.4 percent to P73.3 billion from P67.6 billion, of which 43 percent was attributed to property, 41 percent to banking, 13 percent to power generation and 3 percent to the sugar business.