GT Capital Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
March 23, 2023 at 10:01 pm EDT
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GT Capital Holdings, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was PHP 213,346 million compared to PHP 152,010 million a year ago. Revenue was PHP 245,307 million compared to PHP 174,643 million a year ago.
Net income was PHP 18,360 million compared to PHP 10,983 million a year ago. Basic earnings per share from continuing operations was PHP 82.55 compared to PHP 48.28 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.