GT Capital Holdings Inc. Provides Earnings Guidance for the Full Year of 2018
November 19, 2018 at 08:08 am IST
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GT Capital Holdings Inc. provided earnings guidance for the full year of 2018. The company expects to book PHP 3 billion to PHP 4 billion in net income in the last three months of 2018, but sees slight or no growth in its full-year profit because of its weakened performance in the previous quarters.
GT Capital Holdings, Inc. is a Philippines-based company, which has interests in businesses across banking, property development, infrastructure and utilities, automotive assembly, importation, wholesaling, dealership, and financing, and life and non-life insurance. Its segments include Real estate, which is engaged in real estate and leasing, development and selling of properties of every kind and description, as well as ancillary trading of goods such as petroleum, non-fuel products on wholesale or retail basis; Financial institutions, which are engaged in the banking and insurance industry; Automotive operations, which is engaged in the assembly, manufacture, importation, sale and distribution of all kinds of automobiles including automobile parts, accessories, and instruments; Infrastructure, which is engaged in the water distribution, toll operation, power sector, hospitals and rail; and Others, which is engaged in acquisitions and investments.