Inflation fails to dent JG Summit 9-month earnings

Quick Summary:

JG Summit Holdings Inc., the holding firm of the Gokongwei Group., said its attributable net income went up by 16 percent to P17.9 billion from the previous year’s P15.37 billion, despite high inflation.

Among these include using targeted account management to serve key customers, being more selective with its export markets, fortifying governance over its pricing process, and launching best-in-class reliability programs,” the company said.

For Singapore Land Group (SLG), JG Summit said its results accounts for the first-half performance only, given SLG’s semi-annual regulatory reporting frequency.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: PhilippinesSingapore

Topics: Demand Billion Percent Quarter Dividends Income Year Products Previous Summit Year’s

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 16:06:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 534 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23574668

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