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LT Group net income hits P17.B in first half

TAN-LED holding firm LT Group Inc. (LTG) said Tuesday its consolidated net income in the first half (H1) of 2024 stood at P17.46 billion, little changed from the P17.43 billion recorded a year earlier, as the lower earnings of its tobacco business offset the gains made by its other businesses.

In a stock exchange filing, LTG said net income attributable to shareholders dipped slightly to P12.8 billion in the six months from P13 billion last year.