Taipan Lucio Tan's conglomerate, LT Group Inc., reported a 12.8 percent increase in profit to P7.24 billion in the first quarter of 2025 on stronger results across all key businesses.
Lucio Tan Group Inc. delivered steady growth in its second year under the leadership of its president Lucio Tan III, even as the broader Tan business empire contended with persistent challenges in aviation and support services.
The country’s largest manufacturer of cigarettes sounded the alarm on the rising illicit cigarette trade, warning that over one in five cigarettes sold in the Philippines in 2025 could be illegal.
Taipan Lucio Tan-led conglomerate LT Group Inc. announced the sale of inactive industrial alcohol, animal feed yeast unit Asian Alcohol Corp. to another family-led entity for an undisclosed price.
Lucio Tan’s conglomerate LT Group Inc. saw profits slip 1.5 percent to P12.8 billion during the first six months of the year despite revenues growing over 13 percent to about P61 billion.