JG Summit Holdings Inc - Company Profile
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JG Summit Holdings Inc (JG Summit) is a conglomerate that offers branded consumer goods, agro-industrial, commodity food products, and petrochemicals. It provides snack foods, chocolates, candies, biscuits, instant noodles, ice cream, pasta, tomato-based products and canned beans. The company also involved in the business of hotels, real estate and property development, air transportation, banking and financial services, telecommunications and power generation. JG Summit markets its products under Evalene and Jack ‘n Jill brand names. The company has presence across the Philippines, Thailand, Malaysia, Indonesia, China, Hong Kong, Singapore and Vietnam. JG Summit is headquartered in Pasig City, Metro Manila, the Philippines.
Headquarters
Philippines
Address
43rd Floor Robinsons Equitable Tower, ADB Avenue corner P Poveda Street, Ortigas Center, Pasig, 1600
Website
www.jgsummit.com.ph
Telephone
63 2 86337631
No of Employees
23,122
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
JGS (PSE)
Revenue (2022)
$5.5B
36.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-87.3%
(2022 vs 2021)
Market Cap*
$3.9B
Net Profit Margin (2022)
XYZ
-90.5%
(2022 vs 2021)
* As of and is in US$
JG Summit Holdings Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Snacks | Sugar Milling | Evalene |
| Chocolates | Refinings | Jack ‘n Jill |
| Candies | Flour Milling | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In November, the company's renewable energy unit completed its 13.81-megawatt (MW) solar rooftop project in Batangas province. |
| 2021 | Contracts/Agreements | In February, the company and Tyme entered into a partnership to expand fintech in emerging markets. |
| 2021 | Financing Agreements | In February, the company and Apis Growth Fund II invested US$33.88 million in Tyme Bank. |
Competitor Comparison
| Key Parameters | JG Summit Holdings Inc | San Miguel Corp | Lotte Corp | San Miguel Food and Beverage Inc | Ayala Corp |
|---|---|---|---|---|---|
| Headquarters | Philippines | Philippines | South Korea | Philippines | Philippines |
| City | Pasig | Manila | Seoul | Mandaluyong | Makati |
| State/Province | - | Metro manila | - | Metro manila | Manila |
| No. of Employees | 23,122 | 50,443 | 4,845 | 10,460 | 64,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James L. Go | Chairman | Executive Board | - | 83 |
| Lance Y. Gokongwei | Chief Executive Officer; President; Director | Executive Board | - | 56 |
| Michael P. Liwanag | Chief Strategy Officer | Senior Management | 2022 | 49 |
| Laurinda R. Rogero | Chief Compliance Officer | Senior Management | - | 46 |
| David Gulliver G. Go | Chief Human Resources Officer | Senior Management | - | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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