TY-LED conglomerate GT Capital Holdings, Inc. reported core net income of P11 billion in the first nine months, up 19 percent from a year ago, fueled by the solid performance of its core businesses.
Consolidated revenues rose 16 percent to P169.5 billion bolstered by brisk sales from Toyota Motor Philippines Corp. (TMP) and Toyota Manila Bay Corp., and higher equity in the net income of associates led by AXA Philippines and Metro Pacific Investments Corp. (MPIC).
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