Property business boosts JG Summit earnings by 43%

A strong showing from the commercial property segment boosted the first-half earnings of diversified conglomerate JG Summit Holdings Inc. by 43 percent to P14.8 billion. The Gokongwei-led holding firm’s core net income, which includes a one-time gain from the merger of Robinsons Bank with Ayala-led Bank of the Philippine Islands, doubled to P18.1 billion. Its
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