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March 14, 2019

Filinvest Land’s 2018 year-on-year revenue up 10% to P22.21B

MANILA, Philippines–Filinvest Land, Inc. (FLI), the publicly listed property arm of Gotianun-led Filinvest Development Corporation (FDC), registered a 10-percent increase in revenues (year-on-year), with gross revenues of P22.21 billion in 2018.

Driven by rental revenue growth of 27 percent (year-on-year), which reached P5.61 billion, FLI’s recurring income contributed to 46 percent of FLI’s net income in 2018. FLI’s net income hit P6.08 billion in 2018, an increase of 4...

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