GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) saw its net income rise 21 percent to P8.5 billion last year on the back of higher revenues spurred mostly by its banking and property businesses.
In a statement on Friday, FDC said its consolidated revenues increased 19 percent to P58.6 billion in 2016 from P49.3 billion the previous year.
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