Rent revenue boosted FLI’s 2017 income

Date: March 22, 2018

GOTIANUN-led property developer Filinvest Land Inc. (FLI) said on Wednesday its net income hit P5.83 billion last year, 9 percent higher than the previous year’s P5.35 billion. Revenues reached a record P20.27 billion, up from last year’s P19.5 billion, mainly as a result of a major expansion of its rental property portfolio and the continued… Read more »

Filinvest’s 2017 profit up 9% to P5.83 billion

Date: March 22, 2018

Filinvest Land Inc.’s net profit increased by 9 percent to P5.83 billion in 2017 from P5.35 billion the year before. In a disclosure, the Gotianun-led property developer said its revenues rose 4 percent to P20.27 billion from P19.5 billion in 2016. It attributed the growth to its expanded rental property portfolio and strong demand for… Read more »

Rental revenues push FLI profit 9% higher in 2017

Date: March 22, 2018

FILINVEST Land, Inc. (FLI) grew its earnings by 9% in 2017, fueled by the expansion of its rental business alongside demand for both retail and office spaces. In a statement issued Wednesday, FLI said it generated a net income of P5.83 billion last year, as revenues reached P20.27 billion. The company’s 2016 financial report showed… Read more »

Filinvest Land says profit up 9% to P5.83b

Date: March 22, 2018

Filinvest Land Inc., one of the largest integrated real estate developers owned by the Gotianun family, said Wednesday net income in 2017 climbed nine percent to P5.83 billion from a year ago, boosted by the strong rental of retail and office development projects. FLI said in a disclosure to the stock exchange consolidated revenue reached… Read more »

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FLI nets P5.83B

Date: March 22, 2018

Gotianun-led property developer Filinvest Land Inc. (FLI) grew its net profit last year by 9 percent to P5.83 billion on higher rental revenues from its new office and shopping malls. This net income was achieved through an increase in total revenues to a record P20.27 billion from P19.5 billion in the previous year. The company… Read more »

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Filinvest breaks ground for 2nd phase of Cavite housing project

Date: March 13, 2018

FILINVEST Land Inc. (FLI) said it broke ground for the second phase of its Meridian Place project in Cavite, after sales of the first phase went faster than expected. “We are humbled that phase one is selling faster than we expected,” said Rey Ascaño, Filinvest senior vice president for South West North Luzon cluster. “The… Read more »

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Filinvest expands Cavite project

Date: March 13, 2018

Filinvest Land, Inc., one of the country’s largest developers, reported that it has broken ground for the second phase of Meridian Place, a project under its value homes brand Futura. “We are humbled that Phase I is selling faster than we expected. The ground breaking for Phase 2 is an affirmation of our clients’ support… Read more »

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