JG Summit Holdings Inc. of the Gokongwei family posted flat income for the first quarter of the year after Super Typhoon Yolanda damaged some of its malls in November last year.

During the first three months of 2014, the consolidated net income of JG Summit stood at P4.88 billion, up a slight 0.4 percent from the P4.86 billion in the first quarter of 2013.

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