TY family-led GT Capital Holdings Inc. on Thursday reported a consolidated net income of P21.7 billion for the first three quarters of 2024, down 6 percent from P23 billion in 2023, given the absence of one-off gains booked last year.
'Excluding nonrecurring gains from lot sales and incentives from the Comprehensive Automotive Resurgence Strategy program in 2023, this is an 8-percent increase year on year,' the conglomerate told the stock exchange.