GT Capital Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 16, 2024 at 05:54 am IST
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GT Capital Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was PHP 65,004 million compared to PHP 61,376 million a year ago. Revenue was PHP 74,104 million compared to PHP 69,799 million a year ago.
Net income was PHP 7,112 million compared to PHP 6,638 million a year ago. Basic earnings per share from continuing operations was PHP 32.61 compared to PHP 30.15 a year ago. Diluted earnings per share from continuing operations was PHP 32.61 compared to PHP 30.15 a year ago.
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.
GT CAPITAL HOLDINGS, INC. 
