JG Summit's Net Income Rises 3% in 2025

MT Newswires Live
03/25

JG Summit's (PSE:JGS) booked a 3% year-on-year increase in recurring net income from continuing operations to 31.9 billion Philippine pesos in 2025.

The growth was driven by strong demand in leisure, airline, and real estate businesses, along with steady volume gains in food and beverage, according to a Wednesday Philippines Exchange filing.

Consolidated revenues from ongoing businesses grew 9% to 368.6 billion pesos, led by double-digit gains in its airline and real estate units, alongside steady growth in food and beverage.

The company's subsidiaries, Universal Robina (PSE:URC), Robinsons Land (PSE:RLC), and Cebu Air (PSE:CEB) all saw increased revenue.

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