JG Summit revenues up, but net income down in 2022

MANILA  -The Gokongwei family-led JG Summit Holdings Inc. is “cautiously optimistic” for 2023 amid the continued recovery of the Philippine economy and the reopening of China, which would benefit its airline and petrochemicals segment. This comes as the conglomerate said net income dropped to P700 million last year from P5.1 billion in 2021 while revenues … Continue reading JG Summit revenues up, but net income down in 2022