Filinvest Land 2018 Revenue Up 10% YoY

Filinvest Land Inc. (PSE: FLI), the property arm of Gotianun-led Filinvest Development Corp. (PSE: FDC), registered a 10% increase in revenues year-on-year (YoY), with gross revenues of PhP22.21 billion in 2018. Driven by rental revenue growth of 27% YoY, which reached PhP5.61 billion, FLI’s recurring income contributed to 46% of FLI’s net income in 2018. […]
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New Clark International Airport to Spur Economic Growth in Central and North Luzon

Clark International Airport O&M winning bidder North Luzon Airport Consortium (NLAC) is optimistic that the project will spur economic growth in Central and North Luzon. The consortium is pouring in an estimated project cost of about PhP6 billion to fit out the new terminal with a capacity to serve eight million passengers per annum, doubling […]
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NAIA Consortium Granted Original Proponent Status

The Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) have granted to the “NAIA Consortium”—composed of Aboitiz Equity Ventures (PSE: AEV) subsidiary Aboitiz InfraCapital Inc., Ayala Corp. (PSE: AC) subsidiary AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings […]
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Consortium Formed to Rehabilitate, Maintain and Operate NAIA

Aboitiz InfraCapital Inc., AC Infrastructure Holdings Corp., Alliance Global Group Inc. (PSE: AGI), Asia’s Emerging Dragon Corp., Filinvest Development Corp. (PSE: FDC), JG Summit Holdings Inc. (PSE: JGS), and Metro Pacific Investments Corp. (PSE: MPI) have all agreed to form a consortium to rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) through an […]
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Filinvest Group 9M Net Income Up 21%

Taguig—(PHStocks)—Filinvest Development Corp. (PSE: FDC), the parent firm of the Filinvest group of companies, reported year-to-date net income of PhP5.9 billion in the third quarter of 2016, reflecting year-on-year growth of 21%. A large part of growth was delivered by banking subsidiary East West Banking Corp. (EastWest Bank, PSE: EW), which registered a hefty year-on-year 78% […]
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FDC Earnings Surge 28% to PhP4.4B in 1H 2016

Taguig—(PHStocks)—Filinvest Development Corp. (PSE: FDC) reported net income of PhP4.4 billion at the end of June 2016, a rise of 28% over the same period of the previous year. This was driven largely by robust results in its banking subsidiary, EastWest Bank (EWB) which posted first semester net income of PhP1.6B, 55% higher than the PhP1 billion achieved […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in May 2016

Manila—(PHStocks)—Last month saw the Philippines’ presidential elections, and the looming change of administration in the country saw investor mood getting more positive, as seen in the mostly positive levels of the mainboard PSE index. We have yet to see really the impact of this new government in the country’s economy. Let’s just hope it’s for […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in April 2016

Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
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