Robinsons Land Corporation (RLC), the property development arm of the Gokongwei Group, has reduced its stake in RL Commercial REIT Inc. (RCR) to 50.05 percent after selling a 16 percent interest for P8.49 billion. The firm disclosed to the Philippine Stock Exchange (PSE) that it has completed the...
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...
Maria Rochelle S. Diaz, executive vice president for commercial of Shang Properties Inc., Wolfgang Krueger, executive director of Shang Properties Inc., Lance Gokongwei, chairman of Robinsons Land Corporation, Atty. Karlo Marco P. Estavillo, president of Shang Robinsons Properties Inc., Mybelle...
Robinsons Land Corporation (RLC) recently unveiled its P25-billion property project, The Jewel. Positioned to become an architectural icon, The Jewel will strategically occupy a 2.5-hectare site at the corner of EDSA and Pioneer Street in Mandaluyong City. Top row: Jericho P. Go, SVP and business...
Gokongwei Group's Universal Robina Corporation (URC) continues to expand SONEDCO, its sugar mill in Kabankalan, Negros Occidental, even as it has evolved to become an integral part of the town’s legacy and the core of the local economy. For over 35 years, SONEDCO has grown from being just a...
JG Summit Holdings President and CEO Lance Gokongwei is taking over the helm of real estate unit Robinsons Land Corporation (RLC) after Frederick D. Go resigned from the post to join the Marcos administration. In separate disclosures to the Philippine Stock Exchange (PSE), RLC and RL Commercial...
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...
But first New Year greetings from eight of the icons of the Philippine private sector (Cover design by Jovanni Bernasol) In the OCTA Research-organized, Tugon ng Masa (TNM) National Survey conducted between Oct. 23 and 27, 2022 through face-to-face interviews with 1,200 male and female Filipinos 18...
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...
JG Summit Holdings, Inc. (JGS), the flagship of the Gokongwei group, reported a net loss of P2.8 billion for the first quarter of 2022 from a net income of P526.52 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it sustained its recovery...
