FDC fundamentals

Filinvest Development Corp. engages in real estate development and leasing, financial and banking services, hotel and resort management, and the sugar milling and refining. It operates its business through the following segments: Banking and Financial Services, Real Estate, Hospitality, Power, Sugar, and Other Operations. The Banking and Financial Services segment offers financial services to consumer and corporate clients, which includes deposit-taking, loan and trade finance, treasury, trust services, credit cards, cash management, custodial services, insurance services, and leasing and finance. The Real Estate Operations segment involves acquisition of land, planning and development of residential communities, as well as the development and sale of residential lots, housing units, medium-rise residential buildings, farm estates, industrial parks, residential resort projects, a private membership club, and condominium buildings. The Hospitality Operations segment involves operation of hotels, including management of resorts, villas, golf course, service apartment, and other services. The Power Operations segment involves the establishment, construction, operation of power plants and supply of power to offtakers and also includes management of power plants output under the IPPA contracts. The Sugar Operations segment involves operation of agricultural lands for planting and cultivating farm products, operation of a complete sugar central for the purpose of milling or converting sugar canes to centrifugal or refined sugar and selling of sugar and by-products. The Other Operations segment involves other operations of the group, including CWSI, CTI, and FDCI. The company was founded by Andrew L. Gotianum, Sr. in 1955 and is headquartered in Taguig, Philippines.