JG Summit is one of the largest and most diversified Filipino conglomerates, engaged primarily in businesses that serve a growing middle class with rising disposable incomes in the Philippines and Asia. The company is dedicated to making life better for every Filipino.
The company operates through several strategic business units including Universal Robina Corporation, Cebu Pacific, Robinsons Land Corporation, and JG Summit Olefins Corporation. JG Summit Olefins Corporation is the country’s first and only integrated petrochemical manufacturing operation, from naphtha cracking to polymer operations.
Universal Robina Corporation (URC) is one of the largest branded consumer food and beverage product companies in the Philippines, having been in operation for over 50 years since John Gokongwei, Jr. established Universal Corn Products, Inc. in 1954. Cebu Pacific, the Philippines’ leading airline, entered the aviation industry in March 1996 and pioneered the “low fare, great value” strategy, having flown over 150 million passengers since its establishment.
Robinsons Land Corporation, incorporated in 1980, is the real estate arm of JG Summit and is one of the leading real estate and property developers in the Philippines with a proven track record of over 40 years in the industry.
In addition to its majority-owned businesses, JG Summit has significant minority positions in the Philippines’ largest telecoms company PLDT, the Philippines’ largest electricity distributor Manila Electric Company (Meralco), one of the top 3 largest banks in the Philippines the Bank of the Philippine Islands (BPI), and one of Singapore’s leading property developers Singapore Land Group.
JG Summit’s place in Philippine business has for its cornerstone a business portfolio of market leaders, a solid financial position, a formidable management team, and a vision of leading the country to global competitiveness and making life better for every Filipino.
JG Summit Holdings, Inc. (JGS), one of the biggest business groups in the Philippines, reported that its recurring net income from continuing operations increased by
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