Attributable profit during the past year soared by 21 percent to P19.6 billion, beating prepandemic income by 10.7 percent. Reported profits also jumped 20 percent to P30.3 billion.
AGI's consolidated revenues surged to an unprecedented P211.2 billion, marking a 15 percent increase from the prior year's P183.6 billion.
Kevin Tan, CEO at AGI, said the company thrived despite inflationary pressures and heightened competition in the domestic and global markets.
AGI’s portfolio includes Megaworld Corp., Emperador Inc., Travellers International Hotel Group and McDonald’s Philippines.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
