Drop in earnings of property unit dents GT Capital profit

Quick Summary:

GT Capital Holdings Inc., the holding firm of the Ty Group, reported that its attributable net income in January to September declined by 6 percent to P21.7 billion from the previous year’s P23.08 billion.

Revenues for the period rose 5 percent to P235.15 billion from the previous year’s P223.12 billion.

Toyota Motor Philippines attained a 12-percent net income growth to a record P12.2 billion.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: Philippines

Topics: Percent Company Income Sales Corp Period Philippines Year’s Billion Toyota Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 16:02:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23588602

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 64 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

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Publisher ID: #37

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