JG Summit’s P30 Billion Bonds Keep Highest Rating

Pasig—(PHStocks)—The outstanding P30 Billion bond issue of JG Summit Holdings, Inc. (PSE: JGS), the holding company of the JG Summit Group, kept its PRS Aaa rating from Philippine Rating Services Corporation (PhilRatings). The rating also has a Stable outlook. JGSHI is a holding company for a group of companies with substantial business interests in branded […]
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URC Grows Topline by 4%, Sustains EBIT Margins at 15.7%

Quezon—(PHStocks)—Universal Robina Corp. (PSE: URC) registered net sales of PhP85.373 billion for the nine months of fiscal year 2016 (beginning October 2015, and ending September 2016), a growth of 4.2% driven by Branded Consumer Foods (BCF) Philippines, Indonesia, Griffin’s, and Renewables. BCF Philippines including the Packaging division grew in line at 4.4%, while BCF International […]
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URC Posts Topline Growth of 5.2%

Quezon—(PHStocks)—Universal Robina Corp. (PSE: URC) posted a net sales growth of 5.2% for the first six months of fiscal year 2016 (beginning October 2015 and ending September 2016) amounting to PhP58.538 billion mainly driven by its core Branded Consumer Foods, Griffin’s and Renewables. Sales of Branded Consumer Foods (BCF) Philippines including Packaging were up by […]
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JG Summit 2015 Core Net Income Up 38%

Pasig—(PHStocks)—JG Summit Holdings Inc. (PSE: JGS) posted a 38.1% increase in consolidated core net income, earning a total of PhP28.05 billion in 2015 compared to PhP20.3 billion in 2014. The increase in core net income is due to the double-digit income growth in the company’s core operating businesses particularly in Cebu Air Inc. (Cebu Pacific, PSE: […]
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URC 1Q FY2016 Operating Income Up 16%

Quezon City—(PHStocks)—Universal Robina Corp. (PSE: URC) reported an 11.3% sales growth for the first three months of fiscal year 2016 (beginning October 2015 and ending September 2016) with net sales amounting to PhP29.987 billion. URC’s strong sales was mainly driven by branded foods and complemented by sugar/renewables and feeds. Philippine branded consumer foods (BCF) business […]
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URC Reports 18% Growth in 9M FY2015 Sales

Manila—(PHStocks)—Universal Robina Corp. (PSE: URC) reported an 18.3% sales growth for the first nine months of fiscal year 2015 with net sales amounting to PhP81.943 billion. URC’s strong sales was mainly driven by branded foods and complemented by sugar and feeds. Philippine branded consumer foods (BCF) business increased sales by 10.9% while International branded consumer […]
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JG Summit 1Q15 Net Income Up 11.2%

Pasig–(PHStocks)–JG Summit Holdings Inc. (PSE: JGS) posted a consolidated net income from equity holders of the parent of PhP6 billion for the first quarter of 2015, an 11.2% increase from PhP5.4 billion for the same period last year. The increase is due mainly to the income growth from core subsidiaries particularly Cebu Air (PSE: CEB), which benefited significantly […]
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JG Summit 2014 Net Income Up 75% to PhP18.25B

Pasig—(PHStocks)—JG Summit Holdings Inc. (PSE: JGS)’s posted a consolidated net income from equity holders of the parent of PhP18.25 billion for the year ended 31 December 2014, a 75% increase from PhP10.43 billion last year. Increase is due mainly to the following: full-year recognition of equity earnings from our investment in Meralco, higher dividends received […]
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