FDC allocates ₱24B capex for 2025, up 20%
Filinvest Development Corporation (FDC) has allocated a ₱24 billion capital expenditure budget for 2025, marking a 20 percent increase from the ₱20 billion spent in 2024.
The company aims to achieve another record year with a targeted 20 percent annual profit growth over the next five years.
FDC Chief Finance Officer Ven Christian Guce revealed that 47 percent of the budget will be allocated for real estate expansion, while 40 percent will support diversification into renewables and core power business.
Ten percent of the capex will go toward digitalization to improve operational efficiencies across the group.
FDC President Rhoda A. Huang noted strong demand in housing outside Metro Manila and an uptick in power and water usage during summer as key drivers for FDC's growth, while highlighting that current portfolio is sufficient to sustain growth without seeking international ventures.
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