{"id":329315,"date":"2024-09-05T12:14:54","date_gmt":"2024-09-05T04:14:54","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=329315"},"modified":"2024-09-05T12:14:56","modified_gmt":"2024-09-05T04:14:56","slug":"trade-the-news-gtcaps-toyota-philippines-is-largest-revenue-contributor-in-port-of-batangas","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-gtcaps-toyota-philippines-is-largest-revenue-contributor-in-port-of-batangas\/","title":{"rendered":"Trade the News: GTCAP&#8217;s Toyota Philippines is largest revenue contributor in Port of Batangas"},"content":{"rendered":"\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Potential Impact of this News<\/strong><\/td><td><strong>POSITIVE on the stock price<\/strong><\/td><\/tr><tr><td><strong>Company<\/strong><\/td><td>GT Capital Holdings<\/td><\/tr><tr><td><strong>Stock Code<\/strong><\/td><td>GTCAP<\/td><\/tr><tr><td><strong>Long-term Recommendation on the Stock<\/strong><\/td><td>Buy<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 871.25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The Bureau of Customs (BoC) at Port of Batangas (PoB) collected P18.7 billion in duties and taxes from Toyota Motor Philippines Corp. (TMP) in the first quarter, making TMP its largest revenue contributor, the car manufacturer said.<\/p>\n\n\n\n<p>\u201cThis substantial contribution underscores TMP\u2019s significant role in the positive district collection performance as reported by the PoB,\u201d the company said in a statement over the weekend.<\/p>\n\n\n\n<p>The PoB serves as a key gateway for TMP, handling not only Toyota and Lexus models but also production parts and service components from the Asia-Pacific region.<\/p>\n\n\n\n<p>The port is connected to TMP\u2019s Batangas Vehicle Center, located in Barangay Balagtas, Batangas City. This facility acts as a processing and distribution hub for products shipped to Toyota dealerships across Visayas and Mindanao.<\/p>\n\n\n\n<p><em>(News Source: <a href=\"https:\/\/www.bworldonline.com\/corporate\/2024\/09\/02\/617353\/tmp-says-it-leads-port-of-batangas-collections\/\">Business World<\/a>)<\/em><\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-329315","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=329315"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329315\/revisions"}],"predecessor-version":[{"id":329317,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329315\/revisions\/329317"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=329315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=329315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=329315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}