JG Summit Holdings Inc. plans to allocate P73 billion for capital expenditures this year, slightly higher than the P71 billion it spent in 2022.

"We are investing a total of P73 billion in capital expenditures for 2023," JG Summit president and CEO Lance Gokongwei said during the firm's annual stockholders' meeting on Monday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details