GT Capital Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 07:50 pm EST
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GT Capital Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 65,674 million compared to PHP 55,928 million a year ago. Revenue was PHP 74,906 million compared to PHP 66,712 million a year ago. Net income was PHP 6,503 million compared to PHP 6,646 million a year ago. Basic earnings per share from continuing operations was PHP 29.52 compared to PHP 30.19 a year ago. Diluted earnings per share from continuing operations was PHP 29.52 compared to PHP 30.19 a year ago.
For the nine months, sales was PHP 188,043 million compared to PHP 154,347 million a year ago. Revenue was PHP 223,123 million compared to PHP 179,498 million a year ago. Net income was PHP 23,086 million compared to PHP 14,946 million a year ago. Basic earnings per share from continuing operations was PHP 105.18 compared to PHP 67.37 a year ago. Diluted earnings per share from continuing operations was PHP 105.18 compared to PHP 67.37 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.
GT CAPITAL HOLDINGS, INC. 
