Three Months Ended March 31, 2016 vs March 31, 2015 JG Summit’s Net Income increased 60.9% for the First Quarter of 2016
JG Summit Holdings Inc. posted a consolidated net income from equity holders of the parent of P9.63 billion for the first quarter of 2016, a 60.9% increase from P5.98 billion for the same period last year. Increase is mainly due to the double-digit income growth in our Airline business, which benefited from the drop in fuel prices, and our Petrochemicals business, which expanded significantly since the start of its integrated operations in November 2014…
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JGS_17Q_2016Mar.pdf
