Month: July 2022
Fruitas Holdings
Food, Beverage & Tobacco

Fruitas reports best quarter since listing – delivers Php168 million of shareholder value in 2Q2022

  • July 15, 2022
  • 4 minutes read
  • 919 Views

Fruitas reports best quarter since listing – delivers Php168 million of shareholder value in 2Q20222Q2022 net income of Php23 million is 3.3x 2Q2021 net incomeFruitas records Php145 million in incremental equity reserves from BALAI listing 2Q2022 Highlights: 2Q2022 net income of Php23 million – 3.3x 2Q2021 net income of Php7 million Php145 million excess value

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LTG Group
Holding Firms

LTG Reports an Attributable Net Income of Php15.40 Billion for 1H22

  • July 12, 2022
  • 3 minutes read
  • 1033 Views

LT Group, Inc. (LTG) reported an attributable net income of Php15.40 billion for the first half of 2022, 313% higher than the Php3.73 billion for the first half of 2021. The tobacco business accounted for Php7.74 billion or 50% of total attributable income. Philippine National Bank (PNB) contributed Php6.28 billion or 41%. Tanduay Distillers, Inc.

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