August 02, 2014 12:44 AM ET

Beverages

Company Overview of LT Group, Inc.

Company Overview

LT Group, Inc. is engaged in banking, beverages, tobacco, and property development businesses in the Philippines and internationally. Its Banking segment provides a range of banking and other financial services to corporate, middle-market, small medium enterprises, and retail customers, as well as national government, local government units, and government-owned and controlled corporations and various government agencies. This segment offers deposits, loans, bills discounting, foreign exchange dealing, investment banking, fund transfers or remittance servicing, and retail banking and trust services. It serves customers through head office and 656 branches/offices in Philippines, and 80 branc...

Unit 3 Bench Tower

11th Floor

30th Street Corner Rizal Drive Crescent Park West

Bonifacio Global City

Taguig City,  1634

Philippines

Founded in 1854

Phone:

63 2 808 1266

Key Executives for LT Group, Inc.

LT Group, Inc. does not have any Key Executives recorded.

LT Group, Inc. Key Developments

LT Group, Inc. Announces Board Elections

LT Group, Inc. appointed Joseph T. Chua, Peter Y. Ong and Robin C. Sy to the board of the company.

LT Group, Inc. Approves Amendment to the Article Three of the Articles of Association

LT Group, Inc. approved amendment to the article three of the articles of association to reflect the change in the principal office of the company. The company also amended article six to reflect the number of directors of the company from 11 to 13.

LT Group, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

LT Group, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company's revenue was PHP 12,905.111 million compared to PHP 17,810.482 million a year ago. Operating income was PHP 1,299.217 million compared to PHP 5,570.6 million a year ago. Income before income tax was PHP 2,833.237 million compared to PHP 6,893.727 million a year ago. Net income was PHP 2,221.034 million compared to PHP 5,901.332 million a year ago. Net income attributable to equity holders of the company was PHP 1,611.703 million or PHP 0.15 per basic and diluted share compared to PHP 4,136.070 million or PHP 0.46 per basic and diluted share a year ago. Net cash from operating activities was PHP 8,404.977 million compared to PHP 22,284.946 million a year ago. Acquisition of property, plant and equipment was PHP 1,170.713 million compared to PHP 3,035.326 million a year ago.

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Recent Private Companies Transactions

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Date
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Merger/Acquisition
April 7, 2014
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