LISTED Filinvest Development Corp. (FDC) reported on Thursday that its consolidated net income hit P4 billion in the first quarter of 2020, up 5 percent from P3.8 billion in the same period last year.

In a disclosure, the Gotianun-led conglomerate said its net income attributable to equity holders of the parent climbed by 8 percent to P3 billion from P2.8 billion in January to March 2019.