Read this in The Manila Times digital edition.
JG Summit Holdings Inc. (JGS) on Wednesday reported an improved full-year core income of P3.5 billion last year on the back of its property arm and larger contributions from its core investments.
In a filing to the exchange, the Gokongwei-led conglomerate said its core profit rose by 672 percent year on year, driven by the 46-percent improvement of the income of Robinsons Land Corp. (RLC) and better contributions from its investments in Meralco, Singapore Land Group and PLDT.
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