JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group, reported a 43 percent jump in consolidated attributable net income to P14.8 billion in the first half of 2024 from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it generated a 99...
Two Gokongwei Group conglomerates landed in the inaugural Fortune Southeast Asia 500 ranking for 2024, a first-time list of the largest companies in the region ranked by revenue for the 2023 fiscal year. JG Summit Holdings, Inc. (JG Summit) ranked 55th among the 500 largest companies in...
JG Summit Holding Inc., the flagship of the Gokongwei Group, is aiming to grow its profitability over the next quarters despite the challenging business environment. JG Summit President Lance Gokongwei “While we remain cautious given short term headwinds from elevated fuel prices, interest and...
Gokongwei-led JG Summit Holdings, Inc., one of the leading Philippine conglomerates, reported that its first quarter 2024 core net income soared 214 percent to P12.6 billion from P4.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this...
The Gokongwei Group’s flagship JG Summit Holdings Inc., one of the largest and most diversified Philippine conglomerates, reported that its core net income tripled to P19.6 billion last year from P6.2 billion in 2022. “This robust performance came from the significant turnaround in the...
Robinsons Malls plans to introduce "Renew-a-Bottle" machines in February 2024, which will exchange used but clean plastic bottles for reward points as part of the "Save the Planet One Bottle at a Time" initiative. These points, earned based on bottle volume and quantity, are redeemable at the...
Filipino firm Upgrade Energy Philippines (UGEP) is casting an ambitious target of 700 megawatts for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is targeting to accomplish by 2028. So far, the first major project delivered by the...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, is infusing additional capital of up to P11 billion into its wholly-owned subsidiary JG Summit Olefins Corporation (JGSOC). In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the...
JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group and one of the country’s leading conglomerates, reported that its core profits flew 129 percent to P14.9 billion for the first nine months of 2023 from P6.5 billion in the same period last year due to the record performance of...
The Gokongwei family’s flagship JG Summit Holdings Inc. (JGS) reported that its core net income soared nearly seven times to P9.5 billion in the first half of 2023 from the P1.4 billion it earned during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei Group, reported a smaller consolidated net loss of P859 million in the first nine months of the year from the P2.4 billion loss suffered in the same period last year. In a disclosure to the Philippine Stock Exchange, the diversified...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei family, reported a net loss of P2.7 billion for the first half of 2022 from the P936.69 billion earned in the same period of last year. In a disclosure to the Philippine Stock Exchange, the firm said losses were due to the adverse impact...
