C08140-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 7,520,983,658 |
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Subject of the Disclosure |
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Press Release entitled "JG Summit sustains core profit improvement, hitting P15B in 9M2023" |
Background/Description of the Disclosure |
JG Summit Holdings, Inc. (JGS), one of the country’s leading conglomerates, reported core net income after taxes of Php5.5 billion in the third quarter of 2023 (3Q23), improving both quarter-on-quarter (QoQ) from Php5.0 billion in 2Q23 and year-on-year (YoY) vs Php5.1 billion in 3Q22. With the sustained expansion in consolidated revenues and better margins from its key subsidiaries, this enabled JGS’ to hit core profits of Php14.9 billion for the first nine months of 2023 (9M23). |
Other Relevant Information |
Please see the attached press release for full details. |
Name | Maria Celia Fernandez-Estavillo |
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Designation | Senior Vice President, General Counsel and Corporate Secretary |