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                    [ArticleID] => 206565
                    [Title] => Higher expenses pull down Filinvest profit in Q1
                    [Summary] => Crippled by higher expenses, Filinvest Development Corp., the holding company of business tycoon  Andrew Gotianun, suffered a 42.5-percent drop in its net income for the first three months of the year to P73.61 million,  from P128 million in the same period a year ago.


While total revenues slightly increased to P1.07 billion from P1.06 billion,  cost and expenses increased by 7.55 percent to P945.89 million from P879.51 million during the period in review.  


                    [DatePublished] => 2003-05-18 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 206565
                    [Title] => Higher expenses pull down Filinvest profit in Q1
                    [Summary] => Crippled by higher expenses, Filinvest Development Corp., the holding company of business tycoon  Andrew Gotianun, suffered a 42.5-percent drop in its net income for the first three months of the year to P73.61 million,  from P128 million in the same period a year ago.


While total revenues slightly increased to P1.07 billion from P1.06 billion,  cost and expenses increased by 7.55 percent to P945.89 million from P879.51 million during the period in review.  


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abtest

Higher expenses pull down Filinvest profit in Q1

By Zinnia B. Dela Peña | May 18, 2003 - 12:00am

Crippled by higher expenses, Filinvest Development Corp., the holding company of business tycoon Andrew Gotianun, suffered a 42.5-percent drop in its net income for the first three months of the year to P73.61 million,...

Business