C02864-2024 |
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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JGS 1Q core profits tripled from strong results of listed subs plus merger gains |
Background/Description of the Disclosure |
JG Summit Holdings, Inc. (JGS), one of the leading Philippine conglomerates, posted first quarter 2024 (1Q24) core net income of Php12.6 billion, up 213% year-on-year (YoY). This was on the back of the strong results of its food, real estate, and air transport businesses, which were further boosted by the gains it realized from its bank merger. |
Other Relevant Information |
Please see the attached JGS SEC Form 17-C Current Report. |
Name | Maria Celia Fernandez-Estavillo |
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Designation | Chief Legal Officer and Corporate Secretary |