November 15, 2025 | 12:00am
MANILA, Philippines — 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.
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.
Solid loan growth, improving margin trend, healthy trading income, and well-managed cost growth fueled Metrobank’s net earnings to P37.3 billion in the first three quarters.
The bank’s net interest income increased by 7.1 percent to P91.8 billion, driven by broad-based gains across business segments and sustained quarterly margin improvement.
Toyota Motor Philippines (TMP) ‘s earnings climbed by 38.1 percent year-on-year to P16.8 billion, while revenues expanded by 11.6 percent to P199.6 billion.
The company continued to lead the country’s automotive market with a 45.6 percent share in the first nine months.
“Our sustained performance reflects our customers’ enduring trust and loyalty in the Toyota brand. We look forward to building on this momentum, supported by stronger consumer spending during the holiday season and the enthusiasm surrounding the recent introduction of the All-New Toyota ATIV, which makes our range of electrified vehicles more accessible to Filipino consumers,” TMP president Masando Hashimoto said.
Federal Land NRE Global Inc. (FNG), the joint venture between GT Capital’s wholly owned property subsidiary Federal Land Inc. and Nomura Real Estate Development Co. Ltd. of Japan, registered a 26 percent year-on-year growth in sales.
Federal Land, for its part, recorded a six percent increase in reservation sales to P12.6 billion during the nine months on the back of sustained sales momentum from its ready-for-occupancy developments in the Bay Area in Pasay and Bonifacio Global City in Taguig, as well as the strong demand for the projects of FNG.
GT Capital associate Metro Pacific Investments Corp. (MPIC) continued its strong growth momentum with a double-digit increase in core net income to P23.6 billion.
Improved financial and operational performance across MPIC’s portfolio drove the increase in contribution from operations, fueled by robust growth in Meralco’s power generation business, the implementation of higher tariffs at Maynilad and rising patient volumes across the Metro Pacific Hospitals network.
AXA Philippines’ net income improved by 3.5 percent to P2.1 billion due to stronger margins in its life business and a turnaround in general insurance.
Premium revenue jumped by 19.8 percent year-on-year to P27.1 billion, while annualized premium equivalent grew by 22.7 percent to P4 billion.
