FILRT H1 profit jumps 34% on mall contribution

MANILA, Philippines — Filinvest REIT Corp. grew first-half net income 34 percent to P874 million as Festival Main Mall’s full-period contribution boosted revenues and offset weaker office leasing. Filinvest Land’s REIT arm said revenues rose 31 percent to P2.05 billion in the first half, boosted by Festival Main Mall’s contribution. “Our first-half performance reflects the resilience