Ty family's GT Capital Q1 profit soars 52%
newscatcher
2023-05-16 08:30
Ty family's GT Capital Q1 profit soars 52%
MANILA -The Ty family's flagship conglomerate, GT Capital Holdings Inc., saw net income jump 52 percent to P6.6 billion in the first quarter of 2023 as automotive earnings doubled while Metropolitan Bank & Trust Co. delivered solid growth. Revenues from January to March grew 26 percent to nearly P70 billion. 'Our first quarter financial results show all our operating companies sustaining the high growth momentum of the previous year,' GT Capital president Carmelo Maria Luza Bautista said in a statement on Tuesday.

https://business.inquirer.net/401165/ty-familys-gt-capital-q1-profit-soars-52

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