Filinvest Development Corporation (FDC) has announced a historic financial performance for 2025, delivering a net income attributable to equity holders of ₱15.0 billion. This represents a 24% increase over the ₱12.1 billion recorded in 2024, marking the highest profit in the Filinvest Group’s history.
The Group’s consolidated net income rose 20% to reach ₱18.9 billion, supported by total revenues and other income of ₱120.6 billion. This milestone coincides with the company’s 70th anniversary, reflecting decades of resilience and strategic expansion across the Philippine economy.
“FDC delivered another year of strong results,” said Ms. Rhoda A. Huang, FDC President and CEO. “As we commemorated our 70th anniversary in 2025, this record performance underscores our capacity to adapt to changing environments and capitalize on opportunities as they arise.”
The Group’s success was driven by broad-based growth across its primary business pillars:
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Banking & Financial Services: Contributed ₱7.0 billion (40% of the bottom line).
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Power & Utilities: Contributed ₱4.9 billion (28% of the bottom line).
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Property (Real Estate & Hospitality): Contributed ₱4.9 billion (28% of the bottom line).
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Other Businesses: Accounted for the remaining 4% of earnings.
EastWest Bank achieved a standalone record net income of ₱9.2 billion, up 21% year-on-year. This was propelled by a 15% increase in high-yield consumer loans and a 13% rise in total deposits. The bank maintained a strong Net Interest Margin (NIM) of 8.5% and a Return on Equity (ROE) of 11.9%.
FDC Utilities, Inc. (FDCUI)
The power subsidiary delivered a net income contribution of ₱4.9 billion, a 14% improvement from 2024. While gross revenues saw a decline due to lower coal cost pass-through rates and reduced spot market activity, optimized operational expenses successfully cushioned the bottom line.
Real Estate and Hospitality
The property segment (FLI, FAI, and FILRT) saw net income rise by 21% to ₱4.6 billion. Residential revenues grew 15% to ₱20.2 billion, driven by the completion of mid-rise condominiums and housing projects. Meanwhile, Filinvest Hospitality Corporation (FHC) contributed ₱264 million in net income, benefiting from a resurgence in domestic tourism across its 1,800-room portfolio.
FDC concluded 2025 with a healthy balance sheet, boasting total assets of ₱872 billion (up 7%). The company continues to maintain a conservative leverage profile with a debt-to-equity ratio of 0.59:1 and a net debt-to-equity ratio of 0.36:1.
