Filinvest net income jumps to P3.9 B in Q1 0 SHARES Share it! Share TweetBy James A. LoyolaFilinvest Development Corporation (FDC), the flagship of the Gotianun family, reported a 50 percent jump in consolidated net income to P3.9 billion in the first quarter of 2019. In a disclosure to the Philippine Stock Exchange, the firm said attributable net income reached P2.8 billion, posting a growth of 61 percent. Excluding one-off expenses in the first quarter of 2018, consolidated net income increased by 37 percent. Power subsidiary, FDC Utilities, Inc. (FDCUI), posted a net income growth of 166 percent to P599 million.

Source: Manila Bulletin May 22, 2019 14:02 UTC