Strong financial performance on the back of favorable macro environment and consumer sentiment.
vs. last year
Net Income attributable to equity holders of the parent with
Earnings per share
vs. last year
Financial position remained healthy
Continuous Shareholder value creation
2nd Largest Philippine conglomerate in terms of market capitalization with
as of December 27, 2019
Top performing stock in PSEi with a share price return of
over the year ended
December 27, 2019
Stable dividends paid year-on-year with 2019 at
Diversified portfolio with market leading businesses in their respective industries
One of the leading
snackfoods and beverage
players in ASEAN and
#1 air transportation
carrier in the Philippines
A leading mixed-use
property developer in
Largest and the only fully
complex in the Philippines
One of the fastest growing
commercial banks in the
Our strategic business units (SBU)
Net Income Contribution per business unit
2019 Key Milestones
JanuaryJG Summit Holdings, Inc. (JGS), together with its subsidiaries namely Cebu Air, Inc. (CEB), Robinsons Land Corporation (RLC), as well as its affiliate, Robinsons Retail Holdings, Inc. (RRHI), launched Data Analytics Ventures, Inc. (DAVI) to build a leading digital lifestyle rewards program and create a robust data infrastructure and analytics business to support the group. Universal Robina Corporation (URC) commercially launched two new variants of Great Taste White namely White Caramel and White Crema as well as relaunched Original White for its loyal consumers.
FebruaryThe consortium which includes JGS, Filinvest Development Corporation, Philippine Airport Ground Support Solutions Inc. and Changi Airports Philippines (I) Pte. Ltd., a wholly-owned subsidiary of Changi Airports International established and incorporated Luzon International Premiere Airport Development Corporation (LIPAD), a special purpose entity for the operations and maintenance of Clark International Airport.
Robinsons Bank Corporation (RBank) and JCB International Co., Ltd. forged a new partnership for JCB’s merchant- acquiring and card-issuing business.
RLC sold 100% of residential condominium units in Phase 1 of its Chengdu Ban Bian Jie project in China.
URC celebrated its 25th PSE Listing Anniversary. Furthermore, its Sugar and Renewables subsidiary, SONEDCO opened a new sugar mill, bringing our total milling capacity to 40,000 tons of sugar cane a day.
CEB launched direct Cebu-Shanghai commercial service.
AprilJGS began its series of long-term strategic planning sessions to update our purpose and core values, and to determine the 5-year ambition, goals and strategies of the conglomerate and its businesses. RLC launched Dusit Thani Mactan Cebu, its first foray into the luxury resort market. URC announced its long-term sustainability commitments in line with the United Nations Sustainability Goals objectives with targets on Natural Resources (energy and water), People (employees, communities) and Products.
MayJGS launched JG Digital Equity Ventures (JGDEV), our venture capital arm for Southeast Asian digital start-ups, whose technologies can be applied and tested within the JGS ecosystem.
RBank launched IPONsurance®, an interest-earning savings account that comes with free life insurance coverage, and GO! Salary Loan Online Channel which provides access to an online application to a multipurpose personal loan facility for employees of accredited companies.
TopBreed, the companion animal product line of URC’s Agro-Industrial Group, earned its second “Brand of the Year” award at the Animalis Edition of the World Branding Awards, presented in Vienna, Austria.
RLC opened Robinsons Galleria South in San Pedro, Laguna.
LIPAD Corporation officially took over the operations and management of the Clark International Airport.
RBank issued a Php5 billion 2-year corporate bond at 5.125% interest rate. The company was also awarded as the fastest growing commercial bank in the Philippines by the Global Business Outlook Awards.
CEB bagged two merit awards at the 17th Philippine Quill awards for its programs Enabling Filipino’s dreams to take flight and Juan Effect: Inspiring a generation of environmentally responsible Filipino travelers, under the category of Communication Management: Corporate Social Responsibility.
RLC officially inaugurated Bridgetowne, our first destination estate development, and opened Summit Hotel Greenhills, the company’s sixth property under the Summit Hotels brand. RLC also topped the Best Strategic CSR in the Philippines category in the 9th Annual Corporate Institutional Investor Poll conducted by Alpha Southeast Asia Magazine.
JG Summit Petrochemicals Group (JGSPG) started its two-month complex-wide shut down for its turnaround maintenance, expansion project tie-ins, and reliability improvement initiatives.
RLC, in partnership with Shang Properties, launched Aurelia Residences that is set to redefine urban luxury living.
RBank, together with our sister company, RRHI, introduced the new Robinsons Cashback Card, allowing cardholders to earn rebates of up to 3% for various retail purchases.
CEB signed a Purchase Agreement with Airbus SAS for the order of sixteen (16) A330-900 aircrafts.
CEB launched Clark-Guangzhou route and direct Puerto Princesa- Hong Kong flights.
URC Vietnam was announced as one of the Top 100 Sustainable Businesses in Vietnam, honored by the Vietnam Business Council for Sustainable Development in collaboration with the Vietnam Chamber of Commerce and Industry. In addition, URC’s Flour division partnered with the Department of Education to further the reach of its innovative learning enhancement program, Flourish Pilipinas.
RBank issued another corporate bond amounting to Php5 billion at 4.30% interest rate. Moreover, its Simplé Savings® emerged as the Best Financial Inclusion Program at the 3rd Bank Marketing Awards.
JGS entered into a joint venture with DHL Supply Chain, the global market leader for contract logistics solutions, to provide the best-in-class transport and distribution solutions for Philippine-based and international businesses in the country under the company DHL Summit Solutions, Inc.
CEB has joined the International Air Transportation Association, the trade association for the global airline industry.
URC and Intersnack, a champion in the savory snacks market across Europe, completed Intersnack’s acquisition of a 40% stake in URC Oceania through a combination of cash and shares in the Australia-based Yarra Valley Snacks.