Filinvest boosts profit in H1

MANILA, Philippines — Earnings of the Gotianun family’s Filinvest Development Corp. (FDC) expanded by more than a third in the first half following double-digit profit increases from its banking, real estate, power, hospitality and sugar businesses.

FDC’s net income attributable to equity holders of the parent company rose by 34 percent to P7.4 billion in the first semester from last year’s P5.5 billion.

“We sustained our strong growth momentum in 2024 to the first half of 2025. All our business units contributed to this performance despite several challenges,” FDC president and CEO Rhoda Huang said.

Huang said the group is striving to deliver strong results for the entire year.

“We are harnessing the energy of the organization to continuously grow the business despite some headwinds,” she said.

From January to June, FDC’s total revenues and other income went up by 5.5 percent to P58.5 billion.

The banking segment posted the highest contribution to revenues and other income during the period, accounting for 49 percent of the conglomerate’s total.

This was followed by real estate and power with 27 percent and 16 percent, respectively.

Sugar accounted for eight percent, while the balance was distributed among other businesses.