Read this in The Manila Times digital edition.
GOKONGWEI-LED JG Summit Holdings, Inc. saw core income grow by 29 percent to P24.9 billion in 2024 as revenues climbed 11 percent due to gains booked from the merger of Robinsons Bank and Bank of the Philippine Islands (BPI).
Consolidated revenues reached P379.7 billion, up 10.44 percent from 2023's P343.8 billion, following robust demand for travel and leisure, improved food and beverage sales volumes, and the resumption of petrochemical plant operations after a commercial shutdown in 2023.
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