• Net income hits record P15 billion, up 24 percent from P12.1 billion
• Banking drives 40 percent of profit, power and property at 28 percent each
• Revenues climb to P120.6 billion on broad-based growth
• Balance sheet steady with assets at P872 billion and low leverage
The Gotianun family conglomerate Filinvest Development Corp. delivered a record-breaking 2025, with net income attributable to parent shareholders rising 24 percent to P15 billion, driven by strength across banking, property, and energy.
Consolidated net income reached P18.9 billion, up 20 percent year on year.
Total revenues and other income grew 6 percent to P120.6 billion, signaling steady expansion from core operations rather than one-off gains.
Management’s view
“FDC delivered another year of strong results. As we commemorated our 70th anniversary in 2025, this record performance underscores our capacity to adapt to changing environments and capitalize on opportunities as they arise,” said FDC president and CEO Rhoda A. Huang.
Under the hood
Banking remained the anchor, contributing P7 billion or 40 percent of total earnings. EastWest Bank posted a record P9.2 billion net income, up 21 percent, fueled by consumer lending and deposit growth.
Consumer loans rose 15 percent and made up 84 percent of the portfolio, while deposits increased 13 percent, keeping funding costs stable. Net interest income jumped 21 percent to P40.6 billion, and non-interest income rose 16 percent to P10.4 billion.
Return on equity held at 11.9 percent for a second straight year in double digits.
What drove growth
Power unit FDC Utilities contributed P4.9 billion, up 14 percent, despite a 27 percent drop in revenues to P17.9 billion due to weaker spot market activity and lower coal pass-through. Cost controls cushioned margins.
Property, including Filinvest Land, Filinvest Alabang, and Filinvest REIT, delivered P4.6 billion, up 21 percent. Residential revenues climbed 15 percent to P20.2 billion on stronger completions, while mall and rental income rose 7 percent to P9 billion on improved occupancy.
Hotels added P264 million in profit on P3.8 billion in revenues, supported by stronger domestic travel and higher room rates.
—Edited by Miguel R. Camus
