JG Summit Holdings, Inc. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2018
April 15, 2019 at 07:24 pm EDT
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JG Summit Holdings, Inc. announced audited consolidated earnings results for the year ended December 31, 2018. For the year, the company reported revenues of PHP 291,916,017,664 against PHP 273,445,454,907 a year ago. Net income was PHP 27,897,497,443 against PHP 39,519,034,108 a year ago. Basic earnings per share were PHP 2.68 against PHP 4.10 a year ago.
JG Summit Holdings, Inc. is a holding company for a group of companies with substantial business interests in branded consumer foods, agro-industrial and commodity food products, real estate and hotel, air transportation, banking and financial services, and petrochemicals. It also has core investments in telecommunications and power generation and distribution. The Foods, Agro-Industrial and Commodities businesses segment is engaged in manufacturing and distribution of a diverse mix of salty snacks, chocolates, candies, biscuits, bakery products, beverages and others. The Air Transportation segment include air transport services, both domestic and international, for passengers and cargos, and line and light maintenance services. The Petrochemicals segment is a manufacturer of polyethylene (PE), polypropylene (PP), polymer grade ethylene, polymer grade propylene, partially hydrogenated pyrolysis gasoline, pyrolysis fuel oil, aromatics, butadiene and liquefied petroleum gas (LPG).
JG SUMMIT HOLDINGS, INC. 
