GT Capital Holdings Inc. saw a P4.1 billion in January to March buoyed by its banking and auto businesses. Metrobank’s first quarter net income climbed by 27 percent to P7.8 billion on the back of the 28-percent year-on-year rise in non-interest income to P7.9 billion. AXA Philippines’ consolidated net income was down to P324 million in the first quarter from P367 million last year. Construction and sales activity restrictions slumped Federal Land Inc.’s first quarter net income to P327 million from P375 million. Shares of GT Capital were up P3, or 0.57 percent to finish at P530 each on Tuesday.

Source: Manila Times May 18, 2021 16:24 UTC