Filinvest Group Annual Report 2022
Charting the future for expansion and new possibilities
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We look back at 2022 as a period of recovery and taking deliberate measures to do well in our chosen segments and markets.

Chairman of the Board

To our Fellow Shareholders

We look back at 2022 as a period of recovery and taking deliberate measures to do well in our chosen segments and markets. As a conglomerate, Filinvest Development Corporation (FDC) specifically focuses on the middle market which we believe remains to be underserved but has tremendous growth opportunities in the Philippines. This strategy serves us well not only financially but also has positive social impacts on the customers we serve.

The Philippine macroeconomy provided a solid backdrop for FDC’s recovery, registering a 7.6 percent gross domestic product (GDP) growth in 2022. This surpassed the government’s own growth assumption of 6.5 to 7.5 percent. The expansion was broad based, with all the major production sectors registering positive growth, despite the increase in international and domestic commodity prices. Lifting the economy was a consistently high domestic demand, driven by strong household consumption that was fueled by improving labor and employment conditions, and stronger growth in overseas Filipino remittances.

We will strive for continued growth and value creation, anchoring ourselves on the strong foundation we have built over the years.

Director, President and CEO

Our Portfolio

From very humble beginnings when our founders started the business in the 1950s, FDC has grown to become a major conglomerate with a diverse portfolio of profitable businesses.

Major milestones demonstrate our long history of business growth and ability to continuously build and cultivate new businesses.

2022 Financial Review

Consolidated Net Income
as of Dec. 31, 2022
Total Revenues
as of Dec. 31, 2022
Net Income Attributable to Parent Equity Holder
as of Dec. 31, 2022
Total Assets
as of Dec. 31, 2022
Earnings Per Share Attributable to Parent Equity Holder
as of Dec. 31, 2022

Our Sustainability Framework

We manifest responsibility towards the environment that provides ecosystem services which sustain our operations.
  • Green Designs for Sustainable Communities
  • Circular Economy
  • Net Zero
We serve the underserved by providing innovative solutions. We champion equality and diversity in all aspects of operations.
  • Serving the Underserved/Unserved
  • Nurturing Talent: Equal Opportunities for Jobs,  Development and Growth 
  • Engaging Communities
We are ready for disruptions, challenges and opportunities that come our way.
  • Resilient Assets
  • Resilient Operations
  • Agile Organization

In 2022, Filinvest developed a framework that articulates its key commitments to sustainability that will ensure its long term ability to create and deliver value to its stakeholders in the long term. It is a combination of corporate social investments, EESG (economic, environment, social and governance) practices as well as the delivery of innovative solutions that address social pain points, consistent with the Group’s purpose of “enabling Filipinos to achieve their dreams”. 


Charting a Future of Growth

The Filinvest Development Corporation believes that at the heart of its business are its customers, and the company is striving to deliver a differentiated customer experience that reflects its values. It is buildingleadership capabilities and embracingnew strategies inspired by ESG goals.Its Center of Excellence — a team ofexperienced talents — aims to guide andserve as catalysts for new businesses andaccelerated growth.

Customer Centricity

Keep our customers top of mind. 

Change for the Better

Innovation and agility rule our quest for operational excellence.

Filinvest Family

Invest in bringing out the best in ourselves and our team.

Entrepreneurial Mindset

Pursue new opportunities and take ownership of our decisions.

Shared Benefit

Grow hand in hand with our stakeholders.


Deserve and preserve trust.

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