MANILA, Philippines — Filinvest Development Corp. (FDC), the listed conglomerate of the Gotianun group, reported a net income of P7.2 billion in the first half of 2020, up 24 percent.
FDC said…
Category: News
PH-listed Filinvest Posts 8% Growth in Q1 Net Income
Philippine-listed diversified conglomerate Filinvest Development Corp (FDC) disclosed that its net income in the first three months of this year grew by 8 per cent to P3 billion (US$60 million) from…
Banking unit boosts FDC income in 2019
Filinvest Development Corp. (FDC) said its attributable net income grew 23 percent last year to P12 billion, from the previous year’s P9.8 billion, due to the strong performance of its core…
Filinvest exec: Pandemic to change property sector
The coronavirus disease 2019 pandemic will change the behavior of consumers and also property sellers in the country, as office developers may reverse its densification strategy and allocate more…
Staggered work hours, drone inspections ‘new normal’ at Filinvest
MANILA – Dual shifting and staggered work hours for construction and digital tools for sales will be the new normal for real estate firm Filinvest Development Corp, its president and CEO said…
ANC Market Edge: Filinvest’s New Normal
Date: May 6, 2020
Source: https://youtu.be/usdmPQfbgSA
Courtesy of Market Edge, ABSCBN News Channel
Filinvest group heeds call to help fight Covid-19, donates PPEs to frontliners in Misor, Oro
THE Filinvest group heeded the call of the provincial government of Misamis Oriental and the city government of Cagayan de Oro for support in its fight against COVID-19.
In a press statement, the…
FDC retires $300M offshore debt
Gotianun-led conglomerate Filinvest Development Corp. (FDC) has fully retired $300 million worth of offshore debt using excess cash and proceeds from new local borrowings.
“Our continued adherence…
FDC retires $300-M bonds using extra cash, new loans
Filinvest Development Corp. (FDC), the conglomerate led by the Gotianun family, said it has retired its debt worth $300 million using the company’s excess cash and new loans.
The company said it…
Filinvest donates 100 million to help fight COVID-19
MANILA, Philippines — Gotianun-family led Filinvest Development Corp. (FDC) and its various foundations and subsidiaries have pledged to donate P100 million worth of COVID-19 test kits and personal…