FIRST PHILIPPINE HOLDINGS IS A CORPORATION THAT IS CONSTANTLY IN ACTION. WE’RE ALWAYS TRYING TO FIND WAYS TO DELIVER FOR OUR STAKEHOLDERS AND THE FILIPINO PEOPLE.
In a regular board meeting held today, the board of directors approved the audited financial statements of First Philippine Holdings Corporation for the year 2008. In spite of the financial challenges during the year, the company posted a net income attributable to the parent of P1.2 billion. The amount was 73 percent lower than net income of 2007 amounting to P4.5 billion due to high finance costs and foreign exchange losses.
To view the complete press release, please click on the file 02April2009 Press Release
To view the SEC 17-C related to the above, please click on the file 02April2009 SEC 17-C