FILINVEST Development Corp. (FDC) said net income in the first half climbed 28 percent to P4.4 billion on the back of the gains from its banking, property and hotels units.
In a disclosure to the Philippine Stock Exchange, FDC said profits were buoyed by the robust results in its banking subsidiary, EastWest Bank, which posted net income of P1.6 billion, 55 percent higher than the P1 billion it registered in the same period last year.
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