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CLARK FREEPORT — Clark Development Corp (CDC) reported a net income of ₱2.79 billion in 2023, up by 28 percent from ₱2.19 billion in 2022. ; Total assets of the state-owned firm stood at ₱13.81 billion, posting a 12-percent growth from the 2022 figure of ₱12.31 billion. ; The Commission on Audit substantiated the figures and recently issued an unmodified opinion on the CDC financial statements for the said year, CDC said in a statement. ; Agnes VST Devanadera, CDC president and chief executive officer, credited the financial gains to prudent fiscal management, incremental revenue shares arising from tourists’ spending, and locators’ confidence in the teamwork between the state firm’s management and board of directors.