Category: News
Filinvest posts record P9.5B net income in 9M24
Filinvest lights up the holiday season
Filinvest Group unlocks new growth paths in key sectors
Filinvest Development Corporation (FDC) is picking up the pace toward becoming one of the fastest-growing conglomerates in the Philippines. As the parent company of diverse businesses contributing to key sectors driving economic progress, FDC is focusing on new strategies to ensure growth and excellence, showcasing a remarkable mid-year financial performance for 2024.
Filinvest Group recognized at the 2024 Golden Arrow Awards for good governance
Filinvest Development Corporation (FDC) and its subsidiaries, East West Banking Corporation, Filinvest Land Inc. (FLI), and Filinvest REIT Corp. (FILRT), were recently recognized at the annual ASEAN Corporate Governance Scorecard (ACGS) 2024 Golden Arrow Awards for exemplary corporate governance practices. This recognition underscores the group’s ongoing efforts to align its standards with internationally recognized governance practices, further deepening its commitment to shareholders.
Filinvest-led Mimosa Plus Golf is first GEO Certified golf course in the PH
Three Major Wins for FLI at the Dot Property Philippines Awards 2024
Filinvest Land, Inc. (FLI) strengthens its reputation as one of the Philippines’ leading full range real estate developers, clinching multiple prestigious awards at the Dot Property Philippines Awards 2024.
FILRT wins gold for sustainability at 2024 Stevie International Business Awards
Filinvest REIT Corp. (FILRT) wins anew at the 2024 Stevie International Business Awards®, reaffirming its position as a sustainable REIT. FILRT earned a Gold Stevie® Award in the Sustainability Product of the Year – Asia, Australia, & New Zealand category).
Filinvest Development Corporation’s 1H24 net income rises 41% to P5.5B, 2Q growth at 46%
Filinvest Development Corporation’s (FDC) net income attributable to equity holders of the parent company grew by 41 percent to ₱5.5 billion in the first half of 2024 from ₱3.9 billion in the same period last year. For the second quarter, net income grew by 46 percent to ₱2.6 billion from ₱1.8 billion in the same period in 2023. The growth was driven mainly by the banking, power, and property businesses.
Fueling Clark’s Growth: Filinvest’s Role in Economic Expansion
Beyond building and enabling thriving communities for Filipinos, the Filinvest group is a committed partner in nation-building efforts that fuel local economic growth. One of its landmark investments is in Central Luzon where it is helping revitalize and transform Clark into a thriving economic powerhouse.