LTG Posts PhP2.25B 1Q Net Income

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) has reported that its unaudited attributable net income for the first quarter of 2017 amounted to PhP2.25 billion, flat compared to the PhP2.23 billion reported in 1Q16. The tobacco business contributed PhP1 billion or 45% of total attributable income, followed by Philippine National Bank (PSE: PNB) at PhP699 million or […]
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LTG Eyes New Growth Drivers After Strong 2015 Performance

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) has a generally positive outlook for 2016 as it eyes new growth drivers to surpass last year’s PhP6.6 billion net income. In a statement following the group’s annual stockholders’ meeting, LTG president Michael G. Tan said the company is looking at capital expenditures of about PhP10 billion this year. The […]
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LTG Reports PhP6.6 Billion Net Income for 2015, 50% Higher Than 2014

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) has reported unaudited attributable net income of PhP6.6 billion for 2015, up by 50% year-on-year. Philippine National Bank (PSE: PNB) contributed PhP3.51 billion or 53% of total income. Asia Brewery Inc.’s (ABI) contribution added PhP1.10 billion or 17% of total, followed by the tobacco business at PhP1.04 billion or 16%. Tanduay Distillers […]
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LTG Posts PhP3.57B Net Income for 1H 2015

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) attributable net income for the first half of 2015 reached PhP3.57 billion, 65% more than the PhP2.16 billion earned during the first half of 2014. PNB’s attributable income contribution to LTG of PhP2.155 billion accounted for 60% of total. Asia Brewery Inc. (ABI) contributed PhP523 million or 15% of total, followed […]
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Eton Properties Posts PhP2B Revenue for First Nine Months of 2012

Makati—(PHSTOCKWIRE)—Eton Properties Philippines Inc. (PSE: ETON) the real estate arm of the Lucio Tan Group of Companies, posted a revenue of 2 billion in the first nine months of 2012. The company’s revenues slid by about 45% from the PHP3.7 billion in the same period last year, partly due to non-recognition of sales of projects […]
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PH Stocks Resume Growth

Local shares rallied strongly on Thursday, with the bellwether Philippine Stock Exchange index (PSEi) gaining 1.6% or 60.34 points to close trading day at 3,834.05 points. The wider all-shares index is likewise on an uptrend, posting a 1.19% increase to 2,887.6 points. The sectoral indices also did well for the day, with the Services sector […]
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