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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PH Stocks Slide on Profit Taking

Manila—(PHStocks)—Philippine stocks end lower Thursday, 4 July, as investors move to cash in on some of their gains. The benchmark Philippine Stock Exchange (PSE) index slipped by 0.24% or 15.86 points to close the day’s trading at 6,464.26. Today, the Industrials and the Holding Firms sectors suffered declines, with the former losing 0.59% while the […]
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