Filinvest Development Corporation
3.85
PHP
-0.15
(-3.75%)
ISIN
PHY247771496
CUSIP
Y24777149
Return %
Stock
S&P 500
1Y
-15.01
14.20
3Y
-31.13
81.12
5Y
-52.00
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Rhoda A. Huang
- Full Time Employees
- 14,061
- Sector
- Finance
- Industry
- Regional banks
- Address
- Taguig Philippines
- IPO Date
- Jan 7, 1986
- Website
- filinvestgroup.com
- Similar Companies
- Business
- Filinvest Development Corporation is a diversified Philippine conglomerate holding company engaged in real estate development, banking and financial services, power generation, hospitality and tourism, sugar milling and refining, and infrastructure. Founded in 1955 and headquartered in Taguig City, Metro Manila, Philippines, the company operates primarily across the Philippine archipelago with commercial interests spanning residential, commercial, industrial, institutional, and consumer markets. The company operates through six core business segments: Real Estate, Banking and Financial Services, Power, Hospitality, Sugar, and Infrastructure. In Real Estate, primarily executed through Filinvest Land, Inc. and Filinvest Alabang, Inc., the company develops and sells socialized, affordable, mid-income, and luxury residential properties under brand portfolios including Futura by Filinvest, Aspire by Filinvest, and Prestige by Filinvest; develops master-planned integrated townships, including Filinvest City in Alabang, City di Mare in Cebu, and Timberland Heights in Rizal; leases commercial assets comprising office buildings, IT parks, and business process outsourcing hubs, notably Northgate Cyberzone, Cyberzone Cebu, and assets held under Filinvest REIT Corp.; operates regional shopping centers and community malls, including Festival Mall, Fora Tagaytay, and Main Square; and develops industrial logistics parks through Filinvest Innovation Parks in Laguna and New Clark City. In Banking and Financial Services, operating through East West Banking Corporation, the company provides consumer lending solutions, including automotive loans, residential mortgages, credit card issuance, and personal loans; corporate and commercial lending facilities; deposit accounts, including savings, checking, and time deposits; wealth management, asset management, and trust services; treasury, foreign exchange, and derivative products; and digital retail banking solutions through its digital platform Komo. In Power and Utilities, conducted via FDC Utilities, Inc., the company generates baseload electricity through a 405-megawatt circulating fluidized bed thermal power facility in Misamis Oriental operated by FDC Misamis Power Corporation; develops utility-scale and distributed solar photovoltaic installations through FDC Renewables; and delivers bulk water supply, water distribution, and wastewater treatment services through Countrywide Water Services, Inc. In Hospitality, managed through Chroma Hospitality, Inc. and Filinvest Hospitality Corp., the company owns and operates luxury resorts, business hotels, and lifestyle properties under the Crimson Hotels & Resorts, Quest Hotels & Resorts, Timberland Highlands Resort, and Grafick Hotel brands, with landmark properties including Crimson Resort & Spa Mactan, Crimson Resort & Spa Boracay, and Crimson Hotel Filinvest City Manila, alongside restaurant and food service concepts including Baker J and Firehouse Pizza. In Sugar Operations, conducted through Pacific Sugar Holdings Corporation, the company manufactures raw and refined sugar, produces molasses, and operates biomass co-generation facilities across milling centers in Mindanao and the Visayas. In Infrastructure, the company participates in the operation, management, and commercial development of Clark International Airport through the Luzon International Premiere Airport Development Corporation consortium. In recent strategic developments, Filinvest Development Corporation has accelerated multi-sector capital investments to advance sustainable growth, digital transformation, and regional footprint expansion. The company has deepened its expansion into the renewable energy sector through FDC Utilities, executing pipeline investments in utility-scale solar generation projects, participating in national green energy auction programs, and deploying commercial rooftop solar solutions. In industrial real estate, the company expanded its partnership with Mitsubishi Corporation to develop ready-built factory and logistics facilities within Filinvest Innovation Park at New Clark City and Ciudad de Calamba to accommodate multinational manufacturing and supply-chain enterprises. In banking, EastWest Bank advanced its digital infrastructure and expanded credit delivery, scaling retail loan origination and enhancing omnichannel customer engagement across branch networks and digital channels. In hospitality, the group expanded its regional leisure footprint and food and beverage operations, rolling out new standalone dining locations for Baker J and undertaking asset enhancement programs across Crimson and Quest branded hotels. In infrastructure, the company sustained operational enhancements and international air route expansions at Clark International Airport under the LIPAD consortium, driving passenger and cargo connectivity. To support its ongoing multi-year expansion pipeline across energy, real estate, and financial services, the company has executed strategic capital-raising initiatives, including fixed-rate bond issuances and institutional credit facilities.