GT Capital reports P12.44B Q1 net income, up 34%, driven by Metrobank, Toyota

GT Capital reported core net income of P8.7 billion for the first quarter of 2025, marking a 27% increase from the previous year.

The company's overall net income surged to P12.44 billion, a 34% rise year-over-year and a 36% jump from the last quarter, driven by exceptional performance across its core subsidiaries.

Metrobank contributed significantly with a net income of P12.3 billion for the quarter, while Toyota Motor Philippines Corporation saw a 57% increase in net income to P6.33 billion.

Metro Pacific Investments Corporation (MPIC) also reported a strong surge in net income, reaching P9.1 billion due to gains from asset sales and robust performances across its subsidiaries such as Meralco and Maynilad.

Federal Land, GT Capital's real estate subsidiary, saw reservation sales rise by 49%, while AXA Philippines recorded a 17% increase in gross premium to P8.5 billion.