RSS

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

27 Mar

BY UNICAPITAL SECURITIES

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.

Stock Picks, Target Prices and Buy/Hold/Sell Recommendations! (size 468x60)
Make SMART investment decisions! Be guided by top stockbrokers in the Philippines!

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.

Advertisements
 
Leave a comment

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

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: