PHStocks Exclusive: Top 30 Strongest Stocks in 2017

Another year of trading is over. The Philippine Stock Exchange (PSE) index finished 2017 at a record high 8,558.42 on Friday, 29 December 2017. It was the 14th time that the index closed at a record high during the year. For 2017, the index gained 25%. Of course, it’s also that time of the year […]
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PHStocks Exclusive: Top 30 Worst Performing Stocks in June

Manila—(PHStocks)—Yesterday, we presented the top 30 best performing stocks over the past month. This time around, it’s the top 30 worst performing stocks in June. Some of these stocks have risen during the month, before falling down again to their levels at June 30, upon which this ranking is based. Therefore, we cannot really say […]
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LTG Expects Better Business Environment in 2017

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) expects the business environment in 2017 to be better than the previous year, with the Duterte Administration’s infrastructure plan to “Build, Build, Build,” providing a boost. LTG President Michael G. Tan said during the company’s Annual Stockholders’ Meeting that the Government’s infrastructure plan will increase employment, especially in the countryside, […]
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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 1H 2016 Net Income Up 28% to PhP4.6B

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) reported today an unaudited attributable net income of PhP4.56 billion for the first half of 2016, 28% more than first half 2015’s PhP3.57 billion. Philippine National Bank (PSE: PNB) contributed PhP1.73 billion, or 38% of LTG’s attributable income. The tobacco business accounted for PhP1.45 billion or 32% of total, followed […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in June

Manila—(PHStocks)—The Philippine Stock Exchange index flirted with 8,000 level yesterday—the inauguration of incoming President Rodrigo Roa Duterte—before closing down at 7,796.25, just 2.28 point lower from the previous day’s close. As intra-day high hit 7,980.75 yesterday, profit taking pulled back the gains as investors lock in their gains. For the month of June, below are […]
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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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Asia Brewery Forms JV with Heineken in the Philippines

Manila—(PHStocks)—LT Group Inc. (PSE: LTG) subsidiary Asia Brewery Inc. has signed a joint venture (JV) agreement with Heineken International B.V., the world’s most international brewer with a portfolio of more than 250 international, regional, local and specialty beers and ciders. It operates 167 breweries, malteries, cider plants and other production facilities in more than 70 countries. […]
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