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Manila Bulletin devider Business devider The Stock Market devider LT Group sees growth opportunities as inflation eases and economy grows

LT Group sees growth opportunities as inflation eases and economy grows

Published May 7, 2025 05:03 pm
LT Group Inc., the holding company of taipan Lucio Tan, sees opportunities to expand its market leadership as inflation stabilizes while the country’s economic conditions improve.
“As we look ahead to 2025, LTG remains committed to driving sustainable and innovative growth,” said LTG President and CEO Lucio Tan III during the firm’s annual stockholders’ meeting.
He noted that, “With inflation stabilizing and economic conditions improving, we see opportunities to expand our market leadership, enhance digital transformation efforts, and strengthen operational efficiencies across all our businesses.”
LTG Chairman Lucio Tan said that, “Guided by innovation, adaptability, and a future-focused mindset, we continue to strengthen our core businesses while exploring new opportunities for expansion—ensuring long-term relevance and contributing meaningfully to national development.”
The conglomerate’s CEO said “LTG remains steadfast in its commitment to sustainability, integrating environmental stewardship, economic development, and community support into its operations.
“We cultivate green spaces, invest in renewable energy, and work on reducing our carbon footprint to support long-term environmental resilience.
“Workforce expansion, workplace safety initiatives, and community programs in education and food security reinforce our dedication to inclusive growth. By aligning sustainability efforts with business strategies, the Company drives meaningful impact across industries and communities.”
Last year was a banner year for LTG which reported a 14 percent improvement in attributable net income to a record high of ₱28.92 billion last year from the ₱25.42 billion reported in 2023 on the back of strong growth in its tobacco, banking, liquor, and beer businesses.
The firm said Fortune Tobacco Corporation contributed ₱12.72 billion or 44 percent of total earnings. Philippine National Bank (PNB) added ₱11.89 billion or 41 percent while Tanduay Distillers Inc. and Asia Brewery Inc. added ₱2.14 billion and ₱836 million, respectively or seven percent and percent each.
Eton Properties Philippines Inc. and Victorias Milling Company accounted for ₱211 million or one percent and ₱492 million or two percent, respectively. Other Income was ₱638 million of total or two percent (LTG).

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LT Group Inc. Lucio Tan Lucio Tan III
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