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Tag: JG Summit

Stocks slide below 5,900, as peso tumbles to 61.3 a dollar

Philippine stocks plunged deeper on Tuesday below the 5,900 level as the Philippine peso hit a record low of 61.3 against the US dollar...

JG Summit’s 9-month income rose 5% to P18.8b on strong recurring profits

JG Summit Holdings, Inc. (JGS) said Thursday its net income in the first nine months of 2025 rose 5 percent to P18.8 billion, led...

JG Summit, Darwinbox expand tie-up to speed up digital, talent transformation

JG Summit Holdings Inc. is expanding its partnership with Darwinbox, an AI-powered, mobile-first human capital management (HCM) platform to accelerate its digital transformation and...

JG Summit, Filinvest submit offer for Davao, Siargao, Bicol airports

The Department of Transportation (DOTr) said Monday it received the first bundled unsolicited proposal for the modernization and expansion of major regional airports in...

Meralco unit, JG Summit expand supply partnership

MPower, the local retail electricity supply (RES) unit of Manila Electric Co.(Meralco), and the Gokongwei Group renewed their RES contract for the latter’s major...

JG Summit to shoulder debts of petrochem unit

JG Summit Holdings Inc. will take on all the debts of its struggling petrochemical unit, according to the company’s top official. This comes as JG...

JG Summit’s core profit jumps to nearly P25b

Conglomerate JG Summit Holdings Inc. said Thursday its core profit jumped 29 percent year-on-year to P24.9 billion in 2024, lifted by one-time gain from...

JG Summit closes P150-b petrochem plant in Batangas

Conglomerate JG Summit Holdings Inc. said Thursday it closed down its P150-billion petrochemical plant in Batangas province due to lingering global slump in demand. “Given...

JG Summit, GT Capital report mixed income results

Conglomerates JG Summit Holdings, Inc. (JGS) and GT Capital Holdings Inc. reported mixed nine-month financial results. JG Summit said Thursday its net income attributable to...

GoTyme Bank acquires top salary lender to boost payroll offerings

Homegrown fintech firm GoTyme Bank has acquired top salary lender SAVii  through its major shareholders, JG Summit and Tyme Group. The merger strengthens GoTyme’s...

JG SUMMIT HOLDINGS, INC.: NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS JUNE 3, 2024  Notice is hereby given that the Annual Meeting of the Stockholders of JG SUMMIT HOLDINGS, INC. (the...

JG SUMMIT HOLDINGS, INC.: NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS  JUNE 3, 2024  Notice is hereby given that the Annual Meeting of the Stockholders of JG SUMMIT HOLDINGS, INC. (the...

JG Summit doubled first-quarter income to P11 billion

JG Summit Holdings, Inc., the listed holding company of the Gokongwei Group, said Wednesday its first-quarter net income attributable to equity holders more than...

JG Summit swung to P10.4-billion profit in first half of 2023

MANILA, Philippines - JG Summit Holdings Inc. of the Gokongwei family swung to a net income of P10.4 billion in the first half of...
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