FDC declares 58% increase in dividend per share underscoring robust growth

Filinvest Development Corporation (FDC) reported a growth of 36 percent in net income attributable to equity holders of the parent company of ₱2.9 billion in the first quarter of 2024 from ₱2.2 billion in the same period last year, while consolidated net income rose by 27 percent to ₱3.7 billion. The growth was achieved on the back of strong contributions from the banking, power and property businesses. Total revenues and other income rose by 28 percent to ₱26.4 billion, faster than the increase in costs and expenses of 25 percent to ₱21.6 billion.

Filinvest Group to Fast Forward Sustainability: Energy Efficient Buildings Leading the Change

The Filinvest Group is in constant move to drive synergy and redefine the role of the conglomerate in the growth and success of its diverse businesses. As it explores new investments and further strengthens its businesses, it also aims to demonstrate that at the heart of its operations is the purpose of continually enabling dreams for more Filipinos.