GT Capital Holdings Inc. reported a consolidated net income of P28.8 billion for the full year 2024, slightly lower than P29.3 billion in the previous year.
However, excluding non-recurring gains from lot sales and incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program, GT Capital's core net income grew by 11 percent, driven by the record-breaking earnings of its key operating subsidiaries.
Cebu Landmasters, Inc. (CLI) is doubling down on its alliance with NTT UD Asia Pte. Ltd. (NTTUDA), a unit of Japan’s NTT Urban Development Corp., with a second joint venture that signals a bigger push into the National Capital Region.
Jollibee Foods Corporation subsidiary Fresh N’ Famous Foods, Inc. has secured a master franchise agreement to introduce Compose Coffee to the Philippines.