MANILA, Philippines -Gotianun-led property giant Filinvest Land Inc. saw revenues last year climb 12 percent to nearly P20 billion on robust real estate sales while profits fell. In a statement, the developer said revenue growth was driven by residential earnings of P12.84 billion, up 14 percent, as it moved to complete housing projects in Cavite, Laguna and Rizal apart from its medium-rise condo projects in Metro Manila and Davao. Net income, however, was down 24 percent to P2.89 billion given a higher base in 2021 that was boosted by tax benefits booked during the period.

https://business.inquirer.net/393587/filinvest-land-revenues-up-12-in-2022

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