GT Capital Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:15 pm EDT
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GT Capital Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 40,305 million compared to PHP 13,602 million a year ago. Net income was PHP 2,603 million compared to PHP 197 million a year ago. For the half year, total revenue was PHP 85,658 million compared to PHP 52,621 million a year ago. Net income was PHP 6,674 million compared to PHP 2,741 million a year ago. Basic earnings per share from continuing operations was PHP 29.63 compared to PHP 11.37 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.