<\/p>\n
LT GROUP, INC. said it could delay the planned listing by means of introduction of PNB Holdings Corp. (PHC) amid market volatility and geopolitical risks, while also reviewing capital expenditure (capex) plans.<\/p>\n
\u201cThe initial plan was to list very, very soon. But because of the problems we see available in the market, we may potentially should push it back,\u201d LT Group President and Chief Operating Officer Lucio C. Tan III said during a media briefing on Wednesday.<\/p>\n
The conglomerate also said it’s reassessing plans to extend capital expenditures this 12 months as uncertainty linked to rising oil prices and global tensions weighs on the business environment.<\/p>\n
\u201cGoing forward, we were probably expecting a bit more, but in light of all the pieces that\u2019s happening, it\u2019s currently being reviewed, so we may return to our historical numbers,\u201d LT Group Chief Financial Officer Jose Gabriel D. Olives said.<\/p>\n
He said annual capital expenditures have ranged between P6 billion and P8 billion over the past five years.<\/p>\n
Mr. Tan said LT Group stays optimistic about its long-term growth prospects despite macroeconomic risks.<\/p>\n
\u201cWe\u2019re still excited concerning the growth for LTG as an entire. We’re mindful of numerous the challenges that we’ve got, but we\u2019re confident that we are able to address all of those,\u201d he said.<\/p>\n
The conglomerate reported an attributable net income of P30.98 billion for 2025, up 7% and marking its fourth consecutive 12 months of record earnings. Revenues reached P132.78 billion.<\/p>\n
Philippine National Bank (PNB) contributed P14.26 billion, or 46% of total attributable income. The bank\u2019s net income rose 20% to P25.34 billion.<\/p>\n
Fortune Tobacco Corp. and PMFTC contributed a combined P11.24 billion, accounting for 36% of group income.<\/p>\n
Tanduay Distillers posted a forty five% increase in net income to P3.12 billion, while Asia Brewery reported P877 million in net income.<\/p>\n
Eton Properties Philippines, Inc. posted P765 million in net income after real estate sales rose 46% to P731 million.<\/p>\n
LT Group shares rose 0.53% to shut at P15.20 apiece on Wednesday. \u2014 Alexandria Grace C. Magno<\/b><\/p>\n<\/p><\/div>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
LUCIO C. TAN III \u2014 LTG.COM.PH LT GROUP, INC. said it could delay the planned listing by means of introduction of PNB Holdings Corp. (PHC) amid market volatility and geopolitical risks, while also reviewing capital expenditure (capex) plans. \u201cThe initial plan was to list very, very soon. But because of the problems we see available […]<\/p>\n","protected":false},"author":1,"featured_media":330608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[19012,624,1166,14984,51429,972,3919,36862],"class_list":["post-330607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-capex","tag-delay","tag-group","tag-listing","tag-phc","tag-plans","tag-reviews","tag-volatility"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=330607"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330607\/revisions"}],"predecessor-version":[{"id":330610,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330607\/revisions\/330610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/330608"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=330607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=330607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=330607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}