Record Recurring Profit
Recurring profit increased by 11% to over $375 million, marking a sixth successive record high for First Pacific's first half results.
Strong Performance in Core Holdings
Indofood, PLDT, and MPIC delivered record high revenues, driven by their presence in fast-growing regions and essential service industries.
Interest Expense Reduction
Interest expenses decreased by 10% to $35 million in the first half, contributing positively to the financial results.
Maya Digital Banking Growth
Maya Digital Banking showed significant growth with bank depositors increasing sevenfold and loan disbursals growing twentyfold over the last few years.
Improved Dividend Income
Dividend income surpassed EUR 300 million for the first time in about 8 to 10 years in 2023 and 2024.
Increase in Share Price
The share price reached a new 10-year high of $6.51, reflecting positive market sentiment and reduced discount to net asset value.