GT Capital net income slipped 3% to P 8.9B in first quarter

MANILA, Philippines – GT Capital Holdings Inc. posted a consolidated net income of P8.91 billion in the first quarter, down 3 percent from P9.14 billion a year earlier, as geopolitical tensions and weaker consumer spending weighed on results. The Ty-led conglomerate said on Friday its core net income likewise declined to P7.96 billion from P8.7