LT Group Inc 2018 AR2
The report highlights LT Group, Inc.'s record performance in 2018, with attributable net income reaching an all-time high of Php16.19 billion, driven by the recovery of its tobacco business and strong growth in banking and distilled spirits. The company expanded its sustainability initiatives, including the inauguration of a 2.5-megawatt solar power plant at PMFTC's Batangas factory and the achievement of ISO 50001 certification for Asia Brewery's Cabuyao plants. Additionally, Philippine National Bank supported sustainable development through Php56 billion in eco-friendly loans, while Tanduay Distillers was named the world's number one rum brand by sales volume.
Company: LT Group Inc
Sector: Industrials
Country: Philippines
Year: 2018
Type: AR2
Pages: 144
LT Group Inc
The report highlights LT Group, Inc.'s record performance in 2018, with attributable net income reaching an all-time high of Php16.19 billion, driven by the recovery of its tobacco business and strong growth in banking and distilled spirits. The company expanded its sustainability initiatives, including the inauguration of a 2.5-megawatt solar power plant at PMFTC's Batangas factory and the achievement of ISO 50001 certification for Asia Brewery's Cabuyao plants. Additionally, Philippine National Bank supported sustainable development through Php56 billion in eco-friendly loans, while Tanduay Distillers was named the world's number one rum brand by sales volume.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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
Women on Board