^
+ Follow AUBURN PLACE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 395056
                    [Title] => Filinvest Land profit up 40% to P818M in ’06
                    [Summary] => 





Filinvest Land Inc. (FLI), the flagship property firm of tycoon Andrew Gotianun, reported a 40-percent jump in its net profit last year to P818 million from P583 million in 2005, driven by higher real estate sales and rental income from its office and commercial center buildings.


In a financial report submitted to the Philippine Stock Exchange, FLI said gross profit rose 27 percent to P1.5 billion as its lease income from mall and office building operations surged 2,010 percent to P255 million.
[DatePublished] => 2007-04-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 337383 [Title] => FLI posts 11.7% hike in Q1 income to P154M [Summary] => Filinvest Land Inc. (FLI), the property concern of the Gotianun family, posted a net income of P154.08 million in the first quarter of the year, up 11.7 percent from the previous year’s level of P137.95 million.

In a financial report filed with the Securities and Exchange Commission, FLI said it reported an interest income of P63.11 million during the first three months of the year as against an interest expense of P9.14 million in the same period a year ago. This was attributed to higher interest income on contracts receivables and rental income.
[DatePublished] => 2006-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 335226 [Title] => Filinvest almost doubles income to P1.27B in ’05 [Summary] => Benefitting from an improving economy and stronger remittances from workers overseas, Filinvest Development Corp. (FDC) almost doubled its net income last year with profits reaching P1.27 billion compared with P775.72 million a year earlier.

Net revenues rose 16.6 percent in 2005 to P5.06 billion from P4.34 billion. Of the total, real estate operations accounted for P3.81 billion, which was six precent higher than the previous year’s P3.58 billion.
[DatePublished] => 2006-05-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 149771 [Title] => FLI issues P1.2-B convertible bonds to foreign investor [Summary] => Filinvest Land Inc. (FLI) will be issuing as much as P1.2-billion worth of convertible bonds to an undisclosed foreign institutional investor as part of its continuing efforts to raise additional funds for debt servicing and working capital needs.

FLI corporate information officer Barbara Briones told the Philippine Stock Exchange that the company’s board of directors, chaired by real estate magnate Andrew Gotianun, has approved the bond float which is convertible to shares of the company’s common stocks.
[DatePublished] => 2002-02-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 139374 [Title] => Filinvest plans to sell P2-B receivables to ease debt burden [Summary] => With dwindling earnings, property developer Filinvest Land Inc. (FLI) plans to tap the capital market once more to help service its loan obligations and avoid falling into the same kind of "debt trap" that has caused the collapse of a number of companies, especially real estate firms.

FLI said it plans to sell an additional P2-billion worth of receivables from its reserved housing units as part of a package of measures it is undertaking to reduce its debts.
[DatePublished] => 2001-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 134700 [Title] => Filinvest to issue P1-B long-term papers [Summary] => Filinvest Land Inc. will issue up to P1-billion worth of long-term commercial papers to help service its debts and finance its working capital requirements, the company told the Philippine Stock Exchange.

FLI corporate secretary Dante Ramos said the company’s board of directors had authorized the issuance of the debt papers "for purposes of financing the Corporation’s various development projects as well as the Corporation’s working capital requirements, including servicing of obligations."
[DatePublished] => 2001-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 86484 [Title] => Filinvest income declines to P151M in Quarter 1 [Summary] => The soft real estate market took its toll on property developer Filinvest Land Inc. which suffered an earnings slowdown in the first quarter with net income dropping 24 percent to P151.1 million.

Although the company’s gross income from sales of subdivision lots and houses during the period went up by 13 percent to P226.7 million, the combined burden of a 49 percent increase in operating expenses, decreased income from other investments and the peso depreciation weighed down on FLI’s bottom line.
[DatePublished] => 2001-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 96061 [Title] => Filinvest income declines to P151M in Quarter 1 [Summary] => The soft real estate market took its toll on property developer Filinvest Land Inc. which suffered an earnings slowdown in the first quarter with net income dropping 24 percent to P151.1 million.

Although the company’s gross income from sales of subdivision lots and houses during the period went up by 13 percent to P226.7 million, the combined burden of a 49 percent increase in operating expenses, decreased income from other investments and the peso depreciation weighed down on FLI’s bottom line.
[DatePublished] => 2001-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
AUBURN PLACE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 395056
                    [Title] => Filinvest Land profit up 40% to P818M in ’06
                    [Summary] => 





Filinvest Land Inc. (FLI), the flagship property firm of tycoon Andrew Gotianun, reported a 40-percent jump in its net profit last year to P818 million from P583 million in 2005, driven by higher real estate sales and rental income from its office and commercial center buildings.


In a financial report submitted to the Philippine Stock Exchange, FLI said gross profit rose 27 percent to P1.5 billion as its lease income from mall and office building operations surged 2,010 percent to P255 million.
[DatePublished] => 2007-04-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 337383 [Title] => FLI posts 11.7% hike in Q1 income to P154M [Summary] => Filinvest Land Inc. (FLI), the property concern of the Gotianun family, posted a net income of P154.08 million in the first quarter of the year, up 11.7 percent from the previous year’s level of P137.95 million.

In a financial report filed with the Securities and Exchange Commission, FLI said it reported an interest income of P63.11 million during the first three months of the year as against an interest expense of P9.14 million in the same period a year ago. This was attributed to higher interest income on contracts receivables and rental income.
[DatePublished] => 2006-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 335226 [Title] => Filinvest almost doubles income to P1.27B in ’05 [Summary] => Benefitting from an improving economy and stronger remittances from workers overseas, Filinvest Development Corp. (FDC) almost doubled its net income last year with profits reaching P1.27 billion compared with P775.72 million a year earlier.

Net revenues rose 16.6 percent in 2005 to P5.06 billion from P4.34 billion. Of the total, real estate operations accounted for P3.81 billion, which was six precent higher than the previous year’s P3.58 billion.
[DatePublished] => 2006-05-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 149771 [Title] => FLI issues P1.2-B convertible bonds to foreign investor [Summary] => Filinvest Land Inc. (FLI) will be issuing as much as P1.2-billion worth of convertible bonds to an undisclosed foreign institutional investor as part of its continuing efforts to raise additional funds for debt servicing and working capital needs.

FLI corporate information officer Barbara Briones told the Philippine Stock Exchange that the company’s board of directors, chaired by real estate magnate Andrew Gotianun, has approved the bond float which is convertible to shares of the company’s common stocks.
[DatePublished] => 2002-02-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 139374 [Title] => Filinvest plans to sell P2-B receivables to ease debt burden [Summary] => With dwindling earnings, property developer Filinvest Land Inc. (FLI) plans to tap the capital market once more to help service its loan obligations and avoid falling into the same kind of "debt trap" that has caused the collapse of a number of companies, especially real estate firms.

FLI said it plans to sell an additional P2-billion worth of receivables from its reserved housing units as part of a package of measures it is undertaking to reduce its debts.
[DatePublished] => 2001-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 134700 [Title] => Filinvest to issue P1-B long-term papers [Summary] => Filinvest Land Inc. will issue up to P1-billion worth of long-term commercial papers to help service its debts and finance its working capital requirements, the company told the Philippine Stock Exchange.

FLI corporate secretary Dante Ramos said the company’s board of directors had authorized the issuance of the debt papers "for purposes of financing the Corporation’s various development projects as well as the Corporation’s working capital requirements, including servicing of obligations."
[DatePublished] => 2001-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 86484 [Title] => Filinvest income declines to P151M in Quarter 1 [Summary] => The soft real estate market took its toll on property developer Filinvest Land Inc. which suffered an earnings slowdown in the first quarter with net income dropping 24 percent to P151.1 million.

Although the company’s gross income from sales of subdivision lots and houses during the period went up by 13 percent to P226.7 million, the combined burden of a 49 percent increase in operating expenses, decreased income from other investments and the peso depreciation weighed down on FLI’s bottom line.
[DatePublished] => 2001-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 96061 [Title] => Filinvest income declines to P151M in Quarter 1 [Summary] => The soft real estate market took its toll on property developer Filinvest Land Inc. which suffered an earnings slowdown in the first quarter with net income dropping 24 percent to P151.1 million.

Although the company’s gross income from sales of subdivision lots and houses during the period went up by 13 percent to P226.7 million, the combined burden of a 49 percent increase in operating expenses, decreased income from other investments and the peso depreciation weighed down on FLI’s bottom line.
[DatePublished] => 2001-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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