TY-LED conglomerate GT Capital Holdings Inc. saw its first-quarter (Q1) net income edge up 4 percent to P9.3 billion, from P8.96 billion in the same period in 2023, amid growth across its core businesses.
TY-LED conglomerate GT Capital Holdings Inc. saw its first-quarter net income edge up 4 percent to P9.3 billion, from P8.96 billion in the same period in 2023, amid growth across its core businesses.Attributable net income grew 7 percent to P7.1 billion from P6.6 billion while core earnings also rose 7 percent to P7.06 billion from P6.56 billion, the group said in a stock exchange filing on Thursday.Consolidated revenues from January to March reached P74.
'TMP's performance during the first three months of this year was driven by the favorable market acceptance of the company's wide and varied vehicle model offerings,' TMP President Masando Hashimoto noted.Federal Land Inc., the group's wholly owned property subsidiary, reported a net income of P291 million and revenues of P3 billion in the first quarter of the year.Associate firm Metro Pacific Investments Corp. delivered record-high core earnings of P5.
Capital Net Profit Grows To P9.3B In Q1
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