Listed Filinvest Development Corp. (FDC) reported on Wednesday a P12-billion net income attributable to equity holders of the parent last year on the back of the strong growth recorded by its businesses.

In a disclosure, the Gotianun-led holding company said the amount was a 23-percent increase from P9.8 billion in 2018. Its consolidated net income also rose by 18 percent to P15.9 billion.

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