LT Group Inc., the holding firm of tycoon Lucio Tan, said its net earning for the first quarter of the year surged by 40 percent to P2.2 billion, largely supported by tobacco revenues.
In a statement, the holding firm said its net income during the first three months of the year hit P2.2 billion, 40 percent better than the P1.6 billion reported during the same period a year before.
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