GT Capital Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:56 am EDT
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GT Capital Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 60,993 million compared to PHP 50,430 million a year ago. Revenue was PHP 78,418 million compared to PHP 57,495 million a year ago. Net income was PHP 9,945 million compared to PHP 3,939 million a year ago. Basic earnings per share from continuing operations was PHP 45.51 compared to PHP 17.61 a year ago. Diluted earnings per share from continuing operations was PHP 45.51 compared to PHP 17.61 a year ago.
For the six months, sales was PHP 122,369 million compared to PHP 98,419 million a year ago. Revenue was PHP 148,217 million compared to PHP 112,786 million a year ago. Net income was PHP 16,583 million compared to PHP 8,300 million a year ago. Basic earnings per share from continuing operations was PHP 75.66 compared to PHP 37.18 a year ago. Diluted earnings per share from continuing operations was PHP 75.66 compared to PHP 37.18 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.
GT CAPITAL HOLDINGS, INC. 
