JG Summit Holdings, Inc. (JGS), one of the largest and most diversified conglomerates in the Philippines, registered a 19 percent growth in core net income to P1.7 billion for the first half of 2021. In a disclosure to the Philippine Stock Exchange the firm said higher core earnings came as the...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei group, reported a consolidated net income of P122 million in the first quarter of 2021 from P1.9 billion in the same period last year. Based on the firm’s disclosure to the Philippine Stock Exchange, earnings were weighed down by...
The Gokongwei Group, through private investment firm JE Holdings, is infusing P1.25 billion into Shakey’s Pizza Asia Ventures Inc. (PIZZA) as a new strategic investor of the Po family-controlled food chain. In a disclosure to the Philippine Stock Exchange, Shakey’s said that,...
JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
The Gokongwei flagship JG Summit Holdings Inc. (JGS) has invested $5 million to acquire a minority stake in Tyme, one of the world’s fastest-growing digital banks based in South Africa. In a disclosure to the Philippine Stock Exchange, JG Summit said Tyme is seeking to explore emerging...