GT Capital Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 08:32 pm
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GT Capital Holdings, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 61,376 million compared to PHP 47,989 million a year ago. Revenue was PHP 69,799 million compared to PHP 55,291 million a year ago.
Net income was PHP 6,638 million compared to PHP 4,361 million a year ago. Basic earnings per share from continuing operations was PHP 30.15 compared to PHP 19.57 a year ago. Diluted earnings per share from continuing operations was PHP 30.15 compared to PHP 19.57 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.