GTCAP 2014 core net income up 38% to PHP 9.1 billion

27 Mar


GT Capital Holdings Inc. (GTCAP)’s core net income grew 38% to PHP 9.1 billion from PHP 6.6 billion in the same period 2013.

Full-year consolidated revenues increased 35% to PHP 143.1 billion from PHP 105.7 billion in 2013 mainly driven by record-setting vehicle sales of Toyota, improved net fees of Global Business Power and strong real estate sales of Federal Land.

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4th quarter 2014 consolidated net income climbed 214% year-on-year to PHP 2.8 billion from PHP 0.9 billion mainly driven by significant growth of AXA Philippines, Federal Land, Toyota, and Metrobank.

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Posted by on March 27, 2015 in Corporate News, GTCAP, Stock Market


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