MANILA, Philippines --- Gotianun family-led Filinvest Development Corp. (FDC) boosted its attributable first quarter net profit by 61 percent year-on-year to P2.77 billion on higher earnings across its banking, property, power generation, and sugar businesses. Including earnings attributable to non-controlling interest, FDC's first quarter net profit amounted to P3.9 billion, up by 50 percent from the same period last year. Excluding one-off expenses in the first quarter of 2018, consolidated net income increased by 37 percent year-on-year. FDC said in a disclosure on Thursday that group-wide revenues had risen by 22 percent year-on-year to P21 billion, 43 perce...
Keep on reading: Filinvest Development Corp. nets P2.77B in Q1 2019
from INQUIRER.net http://bit.ly/2LNn861
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