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Filinvest Development net goes up to P5.5B

FILINVEST Development Corp. (FDC) said Thursday that its attributable net income for the first half (H1) of 2024 surged by 41 percent year on year (YoY) to P5.54 billion, led by brisk growth in its banking, power and real estate businesses.

'We look forward to sustaining our robust growth as we keep honing our strategies and operations, and as we implement important capital investments for long-term growth,' Rhoda Huang, FDC president and chief executive officer, said in a statement.