Filinvest Development Corp. (FDC), the holding firm of the Gotianun Group, said its attributable income in the first quarter grew 36 percent to P2.9 billion from P2.2 billion last year. FDC attributed its financial results to strong contributions from its power, banking and property businesses. Total revenues and other income…
Filinvest REIT Corp., the real estate investment trust of the Gotianun Group, said it transitioned five of its office building properties to renewable energy (RE) sources under the government’s green energy option program (GEOP). The company said the switch signifies its commitment to environmental responsibility and marks “a significant milestone…
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Filinvest Development Corp. (FDC), the holding company of the Gotianun Group, said it expects its earnings to return to prepandemic levels this year. FDC President and CEO Rhoda A. Huang said it could hit its 2019 attributable profit level of about P12 billion this year on the expected expansion of…
Filinvest Development Corp. (FDC), the holding firm of the Gotianun Group, on Tuesday said it has obtained approval from the Securities and Exchange Commission (SEC) for its P10-billion bond issuance. The SEC has approved FDC’s fixed-rate bonds comprising a base offer of P7 billion with an oversubscription option of up…