LT Group Inc., the conglomerate controlled by tycoon Lucio Tan, expects its banking division to drive earnings to another record this year, offsetting the impact of elevated commodity costs and strained consumer spending fueled by geopolitical conflicts in the Middle East. In a briefing, Lucio Tan...
LT Group Inc. reported a seven-percent improvement in consolidated attributable net income to a record ₱30.98 billion in 2025, its fourth straight banner year, from ₱28.92 billion in 2024 due to stronger earnings from its banking, tobacco, and liquor businesses. The firm disclosed to the...
LT Group, Inc. (LTG), the flagship of taipan Lucio Tan, reported a 105 percent surge in attributable net income to P20.41 billion for the first nine months of 2022 from the P9.95 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its tobacco...
LT Group, Inc., the investment holding company of taipan Lucio Tan, reported a 4.5 percent improvement in attributable net income to P6.49 billion in the first quarter of 2021 from the P6.21 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange,...
LT Group, Inc. reported a 9.0 percent growth in attributable net income for the first nine months of 2020 to P16.10 billion from the P14.72 billion reported for the same period last year. In a disclosure to the Philippine Stock Exchange, Philippine National Bank (PNB) contributed P2.24...
Asia Brewery Inc. and HEINEKEN are planning to dissolve their joint venture in favor of a new arrangement under which ABI will just brew and distribute the beer while HEINEKEN will do the sales and marketing. In a disclosure to the Philippine Stock Exchange, ABI’s parent company LT Group...