Consolidated net income reached P9.2 billion, up 30 percent from the same period in 2024, while total revenues and other income rose 5.5 percent to P58.5 billion in the first half of 2025.
Management’s view
“We sustained our strong growth momentum in 2024 to the first half of 2025. All our business units contributed to this performance despite several challenges,” said FDC president and CEO Rhoda A. Huang.
"We are striving to deliver strong results for the entire year. We are harnessing the energy of the organization to continuously grow the business despite some headwinds,” she added.
Broad-based growth
EastWest Bank, the group’s banking arm, contributed the largest share with a 17 percent increase in revenues to P28.4 billion, driven by higher consumer lending and interest income.
The real estate group—composed of Filinvest Land Inc. (FLI), Filinvest Alabang Inc. (FAI), and Filinvest REIT Corp. (FILRT)—posted a 9 percent growth in combined revenues to P13.8 billion, supported by improved residential sales and mall rental income.
Pacific Sugar Holdings Corp., FDC’s sugar business, delivered a 23 percent rise in revenues to P4.6 billion, while Filinvest Hospitality Corp. (FHC), which operates Crimson, Quest, and Timberland Highlands, grew 7 percent to P2.2 billion, boosted by occupancy gains and higher F&B spend.
FDC Utilities Inc. (FDCUI), the power subsidiary, saw revenues drop 25 percent to P9.6 billion due to lower spot market activity and reduced coal cost pass-throughs. However, net income still rose 28 percent to P2.7 billion thanks to significantly lower fuel costs.
—Edited by Miguel R. Camus
