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LT Group (PHS:LTG) Accounts Payable & Accrued Expense for Financial Companies


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What is LT Group Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


LT Group (PHS:LTG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LT Group Inc (PHS:LTG) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
30th Street Corner Rizal Drive, 11th Floor, Unit 3 Bench Tower, Crescent Park West 5, Bonifacio Global City, Taguig, PHL, 1634
LT Group Inc has banking, property development, distilled spirits, beverage, and tobacco businesses. The company operates in the Philippines. LT's Banking business provides a full range of banking and other financial services to government, corporate, and retail customers, and it accounts for roughly half of the company's total income. The remaining income is split between the following businesses: Distilled Spirits, which manufactures and sells rum and spirits; Beverages, which produces and sells beer, soft drinks, and bottled water; Tobacco, which manufactures and sells cigarettes and other tobacco products; and Property Development, which develops, leases, manages, and sells residential real estate, but also commercial, industrial, and urban properties.