JGS at a Glance
Key Business Metrics
Encouraging growth in revenues and profitability given partial reopening of the economy
Revenues
PHP
230.6
Billion
13% growth vs SPLY
Consolidated revenues were restated to exclude Oceania.
Core Net Income
PHP
3.5
Billion
672% growth vs SPLY
Core Net Income
Excluding CEB
PHP
18.4
Billion
21% growth vs SPLY
Revenues surpassed 2019 levels excluding CEB
Yearly Revenue in Php Billions
*The decline in URC’s revenues was driven by the sale of its Oceania business.
Subsidiaries strengthened their financial position
![](https://www.jgsummit.com.ph/annualreport2021/wp-content/uploads/2022/04/logo_cebu-pacific.png)
CEB’s financial resilience was driven by its Future Size and Shape program
$1.6 Billion
Total Committed Capital in 2021
![](https://www.jgsummit.com.ph/annualreport2021/wp-content/uploads/2022/04/logo_robinsons-land-corporation.png)
RLC successfully listed its REIT company, RL Commercial REIT
Php 23.4 Billion
Net Proceeds from Institutional
and Retail Investors
![](https://www.jgsummit.com.ph/annualreport2021/wp-content/uploads/2022/04/logo_urc.png)
URC is now in a net cash position given the sale of its Oceania business
Php 1.7 Billion
Net Cash in 2021
(vs Net Debt of Php 22.1B SPLY)
Continuous shareholder value creation
3-year Total
Shareholder Return of
8%
vs conglomerate average of –2%
Stable dividends with
PHP
2.9
Billion
or Php 0.38 per share
over the year ended December 31, 2021