Filinvest Land 1Q 2017 Net Income Hits PhP1.4B

Mandaluyong—(PHStocks)—Filinvest Land Inc. (PSE: FLI), one of the country’s largest integrated real estate developers and BPO office providers, reported that its net income hit PhP1.41 billion for the first quarter of 2017, 7% higher than last year. This net income was achieved on the back of a surge in total revenues to PhP5.9 billion, 26% […]
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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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Filinvest Group 2015 Net Income Surges to Php7B

Taguig—(PHStocks)—The Filinvest Development Corp. (PSE: FDC) reported consolidated net income of PhP7 billion for full year 2015, 13% higher than in 2014. The group generated PhP49.3 billion of revenues, or 28% more than the previous year, partly due to the initial recognition of electricity sales from its power subsidiary FDC Utilities Inc. (FDCUI) as well […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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Filinvest Land 2015 Earnings Up 11%

Mandaluyong—(PHStocks)—Filinvest Land Inc. (PSE: FLI), one of the country’s largest residential developers and BPO office providers, recorded an 11% rise in consolidated net income of PhP5.1 billion for the full year 2015 from PhP4.61 billion in 2014. Consolidated revenues rose 7% to PhP18.3 billion from PhP17.06 billion in 2014. The company attributes this increase to the […]
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Filinvest Inks JV Agreement with BCDA

Mandaluyong—(PHStocks)—Filinvest Land Inc. (PSE: FLI) signed a joint venture agreement with the Bases Conversion and Development Authority (BCDA) for a 288-ha section of Clark Green City on January 8, 2016 after earlier winning the bid for the development rights of the project. Located within the Clark Special Economic Zone in Tarlac, the property is part […]
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Megaworld, Filinvest to Bid for Clark Project

Two of the country’s biggest real estate developers–Filinvest Land Inc. (PSE: FLI) and Megaworld Corp. (PSE: MEG)–have expressed their interest to bid for the 254-hectare portion of Clark Green City, touted as the country’s first smart, green and disaster-resilient metropolis, the state-run Bases Conversion and Development Authority (BCDA) said. Read More Source: The Philippine Inquirer Related […]
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PHStocks Exclusive: Top 50 Stock Price Gainers in November

Manila—(PHStocks)—The Philippine economy grew by 5.3% for the third quarter; lower than most analysts’ expectations, and down from 6.4% in the previous quarter. Nevertheless, investors local and abroad remained optimistic of the Philippine stock market, driving up the local stock barometer in the positive side during the last trading day of November. The PSE index […]
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