JG 1st half profit falls 29% as fuel, FX pressures hit airline

WIRE — JG SUMMIT Holdings, Inc.'s attributable net income fell 29% to P10.7 billion in the first half of 2026, as elevated fuel prices and foreign exchange (FX) volatility weighed on its airline business. The listed conglomerate said in a statement on Wednesday that net income from continuing operations declined 47% to P11.4 billion after it booked

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