GT Capital on track to deliver record 2025 earnings

GT Capital Holdings Inc., the holding company of the Ty Group, is on track to deliver record-high earnings this year, as it sustained its growth trajectory in the nine months ending September.

- By RICHMOND MERCURIO

GT Capital reported a core net income of P26 billion from January to September, up by 21 percent year-on-year, due to strong earnings of its core operating companies.

GT Capital president Carmelo Maria Luza Bautista said the company’s performance was supported by the Philippine economy, which grew by four percent in the third quarter.

He said that loan growth and continued motorization drove the businesses of the group’s main operating companies.

“As we enter the last quarter of the year, global and domestic headwinds are beginning to slow economic activity,” Bautista said.

“Nonetheless, our growth momentum should allow us to post record earnings for 2025, backed by strong fundamentals — healthy consumer demand from seasonal spending, manageable inflation, lower interest rates and steady overseas Filipino worker remittances. These factors position us well to sustain our momentum for long-term growth,” he said.