April 29, 2017 8:31 PM ET

Industrial Conglomerates

Company Overview of LT Group, Inc.

Company Overview

LT Group, Inc. engages in banking, beverages, distilled spirits, tobacco, and property development businesses in the Philippines and internationally. The company's Banking segment provides various banking and financial services to corporate, middle-market, small medium enterprise, and retail customers; and to the Philippine national government, national government agencies, local government units, and government-owned and controlled corporations. This segment offers deposits, loans, trade finance, foreign exchange dealings, bills discounting, investment banking, fund transfers/remittance, asset management, treasury, trust, retail banking, and other financial services. This segment operates a...

Unit 3, Bench Tower

11th Floor

30th St. Corner Rizal Drive Crescent Park West 5

Bonifacio Global City

Taguig,  1634

Philippines

Founded in 1854

14,134 Employees

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 Regular and Special Cash Dividend, Payable Not Later than April 7, 2017

LT Group, Inc. announced at board meeting held on March 14, 2017, the directors approved regular cash dividend of PHP 0.15 per share and special cash dividend of PHP 0.03 per share to all stockholders of record of the company as of March 29, 2017. The Regular Cash Dividend of PHP 0.15 and special cash dividend of PHP 0.03 were authorized to be paid not later than April 7, 2017.

LT Group, Inc. Reports Audited Earnings Results for the Year Ended December 31, 2016

LT Group, Inc. reported audited earnings results for the year ended December 31, 2016. For the year, the company reported operating revenue was PHP 57,800,001,000 compared to PHP 51,473,187,000 a year ago. Net income before tax was PHP 14,263,624,000 compared to PHP 12,225,473,000 a year ago. Net income after tax was PHP 12,089,156,000 compared to PHP 9,496,654,000 a year ago. Net income attributable to parent equity holder was PHP 9,390,407,000 compared to PHP 6,599,035,000 a year ago. Earnings per basic share was PHP 0.87 compared to PHP 0.61 a year ago. Return on Assets was 0.01% compared to 0.01% a year ago. Return on Equity was 0.07% compared to 0.06% a year ago.

LT Group, Inc. Reports Audited Earnings Results for the Full Year of 2016

LT Group, Inc. reported audited earnings results for the full year of 2016. For the period company's attributable net income reached PHP 9.39 billion, a 42% increase over the PHP 6.60 billion reported for 2015.

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