January to June 2017 financial results (unaudited, consolidated)Despite lower attributable incomes, First Philippine Holdings Corporation (FPH) and associates posted stable attributable recurring net incomes (RNIs) for the first six months of 2017.
FPH and Energy Development Corporation posted increases in attributable RNI of 23% and 11%, respectively. First Gen Corporation’s RNI for the period was only 4% lower year-on-year. Meanwhile, higher presales and the substantial completion of The Proscenium led to higher earnings from residential development for Rockwell Land Corporation. (CPS)