GT Capital Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 08:55 pm EDT
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GT Capital Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 50,430 million compared to PHP 34,839 million a year ago. Revenue was PHP 57,495 million compared to PHP 40,305 million a year ago. Net income was PHP 3,939 million compared to PHP 2,603 million a year ago. Basic earnings per share from continuing operations was PHP 17.61 compared to PHP 11.41 a year ago. Diluted earnings per share from continuing operations was PHP 17.61 compared to PHP 11.41 a year ago.
For the six months, sales was PHP 98,419 million compared to PHP 73,801 million a year ago. Revenue was PHP 112,786 million compared to PHP 85,658 million a year ago. Net income was PHP 8,300 million compared to PHP 6,674 million a year ago. Basic earnings per share from continuing operations was PHP 37.18 compared to PHP 29.63 a year ago. Diluted earnings per share from continuing operations was PHP 37.18 compared to PHP 29.63 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. 
