Tag: LT Group
LT Group quarterly profit slips on higher borrowing costs
LT GROUP, INC. (LTG), the holding company of taipan Lucio C. Tan, Sr., reported a 21% decline in attributable net income for the second quarter due to higher finance costs from loans.
Earnings of Lucio Tan-led conglomerate surge in Q1
LT Group, Inc. reported a 41% surge in profits in the first quarter, lifted by growth in its tobacco and property segments.
LT Group, SMC raise rubbing alcohol production
TWO of the largest alcoholic beverage companies in the Philippines have boosted their production of rubbing alcohol to donate to the frontline facilities and workers battling the spread of the 2019 coronavirus disease 2019 (COVID-19) pandemic.
LT Group earnings hit post-listing record
LT GROUP, Inc. reported record earnings of P23.12 billion in 2019, the highest since its re-initial public offering seven years ago.
LT Group’s board approves P2-B share buyback
LT Group, Inc. is planning to buy back up to P2-billion worth of shares from the stock market until the end of next year.
LT Group nets P9.2 billion in first 6 months of 2019
LT GROUP, Inc.’s (LTG) attributable profit rose by 3% in the first half of 2019, driven by higher earnings from its tobacco business.
A great man from small beginnings
“Great things start from small beginnings.” This is probably one of the best catchphrases to portray the victorious journey of self-made billionaire Lucio C....
Michael Tan sells most of his LT Group shares
THE son of tycoon Lucio C. Tan, Sr. has disposed of majority of his shares in the family’s holding firm LT Group, Inc. (LTG).
Earnings of LT Group jump 22% in first 3 months
LT Group, Inc. (LTG) generated a 22% attributable profit increase in the three months ending March, following a double-digit profit growth in its banking, tobacco, liquor, and real estate businesses.
LT Group allocates P19 billion for capex
LT Group, Inc. (LTG) will be spending about P19 billion in capital expenditures (capex) this year, a big chunk of which will be used to support the planned stock rights offering of its banking unit.
LT Group profit increases in 2018
LT GROUP, Inc. (LTG) grew its attributable profit by 49% in 2018, as the higher performance of its banking, spirits, and property units offset the weaker year for its tobacco and beverage businesses.
LT Group to restart Asian Alcohol operations
LT Group, Inc. (LTG) plans to revive the operations of its unit Asian Alcohol Corp., around eight years after the distillery temporarily halted its operations.
LT Group attributable profit surges on higher PNB gains
LT GROUP, Inc. (LTG)’s attributable profit surged by 57% in the third quarter of 2018, boosted by the growth of its banking unit and an improving environment for the tobacco business.
Tan group beefs up infrastructure capital
LT GROUP, Inc. (LTG) is infusing additional capital to its unit Asia’s Emerging Dragon Corp. (AEDC) to support its foray into infrastructure projects.
Tobacco, banking boost LT Group’s Q1 profits
THE attributable profit of the LT Group, Inc. (LTG) jumped by 61% in the first quarter of 2018, boosted by its tobacco and banking...
Tobacco, banking units lift LT Group Q1 bottom line
LT Group, Inc. (LTG)’s attributable profit jumped by 61% in the first quarter of 2018, boosted by its tobacco and banking units.
In a statement...
LT Group sets aside up to P11B for capex this year
By Arra B. Francia, Reporter
LT GROUP, Inc. (LTG) plans to spend P10-11 billion for capital expenditures in 2018, the bulk of which will be...
LT Group sets around P11 billion capex for 2018
LT Group, Inc. (LTG) plans to spend P10 billion to P11 billion for capital expenditures in 2018, amid expectations of a better year given...
LT Group net income climbs 15% in 2017
LT Group, Inc. reported a net income of P10.83 billion in 2017, higher by 15% compared with P9.39 billion in the earlier year and...
More holding firms turn in positive results
FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine...
