The Gotianun-led holding firm Filinvest Development Corp. (FDC) said its third-quarter net profit fell 12 percent on lower trading gains from its banking business.

Net income for the third quarter reached P3.8 billion or 12 percent lower than last year’s P4.3 billion on a 5-percent decline in net profit of banking subsidiary EastWest Bank.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details