GT Capital Holdings Inc 2016 AR2
The report highlights GT Capital Holdings' performance and milestones for the fiscal year 2016, showcasing a 21% growth in consolidated net income to PHP 14.6 billion and a 44% increase in consolidated revenues to PHP 202.1 billion. Key achievements include the strategic acquisition of a 15.6% stake in Metro Pacific Investments Corporation (MPIC) and the sale of Global Business Power Corporation (GBPC), establishing a strong infrastructure and utilities platform. The company also consolidated its life and non-life insurance businesses under AXA Philippines and expanded its property development portfolio through Pro-Friends. Additionally, GT Capital successfully issued PHP 12.0 billion in perpetual preferred shares, reflecting strong capital market confidence.
Company: GT Capital Holdings Inc
Sector: Industrials
Country: Philippines
Year: 2016
Type: AR2
Pages: 194
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GT Capital Holdings Inc
Annual Report
The report highlights GT Capital Holdings' performance and milestones for the fiscal year 2016, showcasing a 21% growth in consolidated net income to PHP 14.6 billion and a 44% increase in consolidated revenues to PHP 202.1 billion. Key achievements include the strategic acquisition of a 15.6% stake in Metro Pacific Investments Corporation (MPIC) and the sale of Global Business Power Corporation (GBPC), establishing a strong infrastructure and utilities platform. The company also consolidated its life and non-life insurance businesses under AXA Philippines and expanded its property development portfolio through Pro-Friends. Additionally, GT Capital successfully issued PHP 12.0 billion in perpetual preferred shares, reflecting strong capital market confidence.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available