Filinvest Land expects higher income in 2023

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 55%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Property developer Filinvest Land Inc. expressed optimism on achieving higher income in 2023 on the back of positive economic performance.

“The Philippines is growing, and we are optimistic that we will grow more, unless there is anything happening outside of the Philippines. Here within the country, our fundamentals seem to be good,” Filinvest Land director Michael Edward Gotianun said in an interview over the weekend.

“Yes, business is good. So let’s hope that it stays good for the next, say ten years,” he said. “The economy is improving, and there seems to be a lot of interest…. Everybody is positive about the economy. But our concern will be the outside like China, with all their problems going on now. There might be, or you don’t know, there might be a spillover, we cannot control that. So, we just hope it does not spill over to us,” Gotianun said.

Filinvest Land posted first-half net income amounting to P1.39 billion, up 15 percent from a year ago, on better performance of residential and leasing businesses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Filinvest City launches 1st EV charging stationFilinvest City, an expansive prime property in Alabang, Muntinlupa City, on Friday inaugurated an electric vehicle charging station as it
Source: MlaStandard - 🏆 20. / 55 Read more »

ABS-CBN wins four awards at Continental Awards 2023ABS-CBN, the leading content provider in the country, won the most awards among all the nominees from the Philippines at the ContentAsia Awards 2023 held in Bangkok, Thailand.
Source: manilabulletin - 🏆 25. / 51 Read more »

LIVE UPDATES: FIBA World Cup 2023 – August 27 gamesGilas Pilipinas and Angola look to recover from separate heartbreaks in a crucial 8 pm FIBA World Cup main event at the Araneta Coliseum, while powerhouses Italy and Dominican Republic measure each other's strengths at 4 pm
Source: rapplerdotcom - 🏆 4. / 86 Read more »

3M Philippines joins public schools for Brigada Eskwela Schoolyear 20233M Philippines partnered with local high schools to prepare for the upcoming school year. Renowned consumer product and diversified science
Source: MlaStandard - 🏆 20. / 55 Read more »

US Open 2023: Caroline Wozniacki returns to Grand Slam tennis three years after retiringNEW YORK—Caroline Wozniacki didn’t even know where her rackets were. That’s how far from her mind a return to tennis was for the former No. 1-ranked player and major champion who is now a 33-year-old mother of two — and, until quite recently, was a retired 33-year-old mother of two. “I didn’t miss it,”…
Source: BusinessMirror - 🏆 19. / 59 Read more »

Power outage mars Miss CDO 2023 pageantCAGAYAN DE ORO CITY – The coronation night of the Miss Cagayan de Oro 2023 at the Limketkai Atrium on Saturday night, August 26, was marred by a brief power outage.
Source: manilabulletin - 🏆 25. / 51 Read more »