Filinvest Land bucks slump with 4% profit growth
2 Articles
2 Articles
Filinvest earnings steady as stronger property business offsets decline in banking, power profits
The Gotianun Group’s holding company Filinvest Development Corp. (FDC) reported a one-percent decline in attributable net income to ₱7.36 billion for the first six months of 2026 from the ₱7.43 billion recorded in the same period last year due to lower earnings of its power and banking units.In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Aug. 13, FDC said its consolidated net income was lower by two percent at ₱9 billion in …
Filinvest Land bucks slump with 4% profit growth
MANILA, Philippines — Filinvest Land Inc. (FLI) grew earnings despite a challenging property market, buoyed by stronger residential sales and steady contributions from its leasing businesses. On Tuesday, the Filinvest Group’s property arm said net income rose 4 percent to P2.21 billion in the first half of 2026. Consolidated revenues also increased 2.9 percent to
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