PHStocks Exclusive: Top 30 Biggest Decliners in 2017

We have just published the top 30 strongest stocks for 2017. In case you haven’t seen it yet, you can check it out here. Meanwhile, here’s the list of the top 30 decliners in 2017. Most of these stocks are strong, and over the previous year may have seen increases and drops in stock prices. It may […]
Continue reading…

 

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, […]
Continue reading…

 

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 […]
Continue reading…

 

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 […]
Continue reading…

 

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 […]
Continue reading…

 

LTG 1Q 2016 Net Income Up 40% to PhP2.2B

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG) has reported that its unaudited attributable net income for first quarter 2016 reached PhP2.2 billion, 40% higher than the PhP1.6 billion reported during the same period last year. The tobacco business contributed PhP945 million or 42% of total income. This was followed by Philippine National Bank (PSE: PNB) with PhP708 […]
Continue reading…

 

PHStocks Exclusive: Top 50 Best Performing Stocks in April 2016

Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
Continue reading…

 

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 […]
Continue reading…