Clark Development Corporation (CDC) posted significant gains for revenues and net income in 2022, further highlighting the state-owned firm’s post-pandemic recovery.  

According to CDC Assistant Vice President for Finance Alizaido F. Paras, the unaudited financial statement as of December 31, 2022 show a revenue of P3.56 billion for the year, up by 35-percent from 2021 which stood at P2.63 billion
It is by far the highest recorded increase in revenue that usually averages 8 to 9-percent annually.