GT Capital Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 07:23 pm EST
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GT Capital Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 55,928 million compared to PHP 35,132 million a year ago. Revenue was PHP 66,712 million compared to PHP 39,842 million a year ago. Net income was PHP 6,646 million compared to PHP 1,993 million a year ago. Basic earnings per share from continuing operations was PHP 30.19 compared to PHP 8.57 a year ago. Diluted earnings per share from continuing operations was PHP 30.19 compared to PHP 8.57 a year ago.
For the nine months, sales was PHP 154,347 million compared to PHP 108,933 million a year ago. Revenue was PHP 179,498 million compared to PHP 125,500 million a year ago. Net income was PHP 14,946 million compared to PHP 8,667 million a year ago. Basic earnings per share from continuing operations was PHP 67.37 compared to PHP 38.21 a year ago. Diluted earnings per share from continuing operations was PHP 67.37 compared to PHP 38.21 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. 
