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FDC eyes return to pre-COVID profit

The Philippine Star

|

April 11, 2024

Filinvest Development Corp. (FDC), the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels.

- RICHMOND MERCURIO

Despite a strong performance in 2023, FDC president and CEO Rhoda Huang said the company has yet to return to its pre-pandemic levels.

However, Huang said the target is to hit it this year.

The FDC executive said 2019 was the highest net income attributable to parent equity holder recorded by the company at P11.97 billion, up from the previous year's P9.77 billion.

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