Rokajax search

Tuesday, 28th March 2023



  • Home
  • Lopez Companies
    • Business and Finance
    • Promos and Offers
  • HR Updates
    • HR Council
    • Business Excellence
    • Job Opportunities
  • Employee News
    • Message from Lopez
    • Meet the Executive
    • Meet the Team
    • Milestones
    • Spotlight
    • Advocacy
  • Corporate Sustainability
    • ABS-CBN Foundation
    • Sagip Kapamilya
    • OML Climate Change Center
    • Knowledge Channel
    • Lopez Museum
  • Lifestyle
    • Kapamilya Entertainment
    • Power Plant Mall Finds
    • ABS-CBN Publications
    • Food and Recipes
    • Lifelong Wellness
  • Lopez Values
    • 7 Lopez Values
    • The Credo
    • Web Comics
    • Special Feature

FPH RNI rises by 6% to P5.2B

Hits: 1227
Twitter

First Philippine Holdings LogoFirst Philippine Holdings LogoFor the nine months ended September 30, 2017, First Philippine Holdings Corporation (FPH) posted an attributable recurring net income (RNI) of P5.2 billion, higher by P282 million or 6% versus last year’s P4.9 billion.

The growth was driven by the stronger recurring earnings from the real estate and manufacturing sectors.

Despite higher RNI, net income attributable to FPH decreased to P4.6 billion from last year’s P9.0 billion on account of the parent’s share in one-off losses related to the First Gen group's debt prepayments, in contrast with the nonrecurring gains recognized last year from San Gabriel’s liquidated damages and First Philec’s arbitration settlement.

Subscribe to Lopezlink

Lopez Holdings Corp. All rights reserved



About Us | Copyright | Sitemap | Archive