Summary by Moomoo AI
First Pacific Limited (“First Peace”) announces audited consolidated financial results for the year ended December 31, 2023, Metro Pacific Investments Corporation (“MPIC”), in which it holds approximately 46.3% economic interest. MPIC's operating income increased from 50,882 million in 2022 to 61,328 million in 2023, and gross profit increased from 31,064 million to 38,567 million. Net revenue increased significantly from 13,137 million in 2022 to 26,357 million in 2023. Total revenue increased from 17,787 million in 2022 to 23,335 million in 2023. The results were submitted to the Securities and Exchange Commission of the Philippines on 6 March 2024. First Pacific emphasizes that these financial results reflect MPIC's performance only, not the results of First Pacific itself.