C08109-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 9,039,173,279 | |
Treasury | 1,230,654,700 |
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Subject of the Disclosure |
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AGI Grows 9-month Profit by 18% to P20.1B, Revenues up 17% to P150B |
Background/Description of the Disclosure |
Alliance Global Group Inc. registered an 18% growth for its net income during the first nine months of 2023, clocking in at P20.1 billion from P17.1 billion during the same period last year. The company registered a healthy 17% growth in consolidated revenues during the period, bringing the level to P150.4 billion, driven by the continued rise in consumer spending and improved economic activity despite prevailing macroeconomic headwinds. Meanwhile, attributable profit ended higher by 9% to P12.9 billion from P11.9 billion recorded in the same period of last year. |
Other Relevant Information |
See the attached SEC Form 17-C and the separate Press Release issued on the matter. |
Name | Alan Quintana |
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Designation | Corporate Secretary |