“2021 was a strong bounce-back year for our group. Given the increased mobility and the gradual reopening of the Philippine economy in the fourth quarter, GT Capital delivered strong overall results in 2021 as we approach pre-COVID levels,” GT Capital President Carmelo L. Bautista said in a company disclosure.
Robust fees and other income as well as lower operating expenses further drove the bank’s strong earnings performance, according to the disclosure. The carmaker expanded its lineup by launching new GR Sport variants, including the Innova in February and the Camry Hybrid EV in December. He said the company’s main growth drivers are its wide product lineup, strong brand value, and extensive nationwide dealership network.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: