Listed GT Capital Holdings Inc. saw its consolidated net income decline by 61.8 percent in the first half to P2.74 billion from P7.17 billion year-on-year.
In a disclosure on Monday, the diversified conglomerate said the figure was driven by the 30-percent decline in the profit of Metropolitan Bank and Trust Co. (Metrobank) and Toyota Motor Philippines’ (TMP) 76.6-percent income slump during the quarter.
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