C06228-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 7,520,983,658 |
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Subject of the Disclosure |
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JG Summit saw better margins in 2Q, ending 1H23 with P9.5B in core profits |
Background/Description of the Disclosure |
JG Summit Holdings, Inc. (JGS), one of the Philippines’ largest and most diversified conglomerates, posted core net income after tax of Php9.5 billion for the first six months of 2023 (1H23). This was nearly seven times the Php1.4 billion it earned during the same period last year (SPLY), and was delivered on the back of sustained margin expansion across its listed subsidiaries as well as a double-digit consolidated topline growth. |
Other Relevant Information |
Please see the attached JGS SEC Form 17-C Current Report. |
Name | Maria Celia Fernandez-Estavillo |
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Designation | Senior Vice President, General Counsel and Corporate Secretary |