This growth was propelled by a 31 percent rise in total revenues and other income across all business, climbing from P71.1 billion in 2022 to P92.8 billion.
Notably, revenue gains were seen across the board: banking rose by 35 percent, real estate by 20 percent, hospitality by a striking 77 percent, power by 35 percent, and sugar by 16 percent.
FDC underscored that its revenue level exceeded pre-pandemic figures by 8 percent, outperforming the P84.6 billion recorded in 2019.
“This past operating year was marked by robust growth in all our business lines,”FDC president and CEO Rhoda A. Huang said on Wednesday.
“The key to our success was a renewed focus on the fundamentals of our business and staying true to our key strategic imperatives and reliance on our core strengths as an organization,” she added.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
