Upgrade to High-Speed Internet for only ₱1499/month!
Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.
Visit Suniway.ph to learn
Richmond Mercurio - The Philippine Star
April 13, 2026 | 12:00am
MANILA, Philippines — The Gotianun family’s Filinvest Development Corp. (FDC) remains hopeful for another banner year in 2026 despite the challenges posed by the ongoing Middle East crisis to the economy and businesses.
“Why not? Challenging environments bring out a lot of opportunities. I’ve been an investment banker for decades, and it thrives in crisis,” FDC president and CEO Rhoda Huang said when asked if the group is looking at possibly another record year this 2026.
FDC is coming off a strong 2025 as the company booked its highest profit in history, driven by growth across its banking, real estate and power subsidiaries.
It recorded a net income attributable to equity holders of the parent company of P15 billion last year, 24 percent higher than the P12.1 billion registered in 2024.
Consolidated net income reached P18.9 billion, up by 20 percent year-on-year, as total revenues and other income grew to P120.6 billion.
“When we started in 2024, we were looking at a minimum 20 percent growth rate year-on-year. So it’s a target. Let’s remain ambitious. I know that the macro environment may push this down. But why not aim for something better? Because the ambition remains there,” Huang said.
She said FDC remains steadfast on its strategy.
To protect its growth momentum, Filinvest is focusing on the businesses that work and will continue listening to the customers’ needs.
“We do not see year three of our journey as a point of reset. We see it as a test of resilience, one that requires us to stay disciplined, focused and deliberate in execution amid a more challenging operating environment,” Huang said.
“The groundwork laid in our earlier years continues to support us, and from here, the task is clear. Build on what is working, address what needs strengthening and continue laying the foundations for sustained and relevant growth over the long term,” she said.
FDC has set aside P27.6 billion in capital expenditures this year to support expansion and growth across the group’s business units.
About 48 percent of the capex budget would be allocated to the group’s expansion-related projects.
On a per-segment basis, he said 40 percent will go to power, 38 percent to real estate and 10 percent to banking.

1 week ago
9


