Inflation fails to dent JG Summit 9-month earnings

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Inflation fails to dent JG Summit 9-month earnings - Business Mirror

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.