Tobacco unit pinches LT Group bottom line

By

-

3 months ago

The six-month profit of LT Group Inc., the listed holding company led by taipan Lucio Tan, flatlined on lower returns from its tobacco business, which was hit by the proliferation of vaping products and illicit trade. LT Group on Tuesday said earnings during the January to June period ended at P12.8 billion, down 2 percent.

Read The Rest at :

Inquirer

Topics:

tobacco

pinches

group

bottom

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.