Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  JG Summit Holdings, Inc.    JGS   PHY444251177

JG SUMMIT HOLDINGS, INC. (JGS)
Mes dernières consult.
Most popular
Report
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

JG Summit Holdings, Inc. : JG Summit's Naphtha Cracking Plant to Start Operations November 2013

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/22/2012 | 11:07am CET
   By Cris Larano 
 

MANILA--JG Summit Holdings Inc. (JGS.PH) expects to open its $800 million naphtha cracking plant in November 2013, a few months ahead of its early 2014 schedule, the Philippine investment holding company's chief strategist said Monday.

Speaking at an investor forum arranged by local firm COL Financials, JG Summit's Bach Johann Sebastian said that once completed, the naphtha cracker could generate annual revenue of $1 billion based on current prices.

He said 25% of the plant's output would be exported and the balance would be for local industries.

JG Summit's naphtha cracker will allow it to produce 320,000 tons a year of polypropylene and add 110,000 tons of polyethylene to the group's capacity.

Write to Cris Larano at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on JG SUMMIT HOLDINGS, INC.
01/15 PSE okays Robinsons Land's P20-B stock rights offer
01/10 JG SUMMIT : Pru Life finally finds bancassurance partner
2017 ONE TICKET, ALL FEES, ALL IN : Tieza-Cebu Pac deal eases air travel
2017 JG SUMMIT : continues to look for opportunities in infra sector
2017 BRIEF : Robinsons Land looking to raise P20B
2017 JG SUMMIT : No ECC, no plant expansion for JG Summit in Batangas
2017 FILINVEST DEVELOPMENT : DOTr reviews joint consortium's dev't proposal for Clark..
2017 FILINVEST DEVELOPMENT : BCDA, DOTr to review Clark airport proposal of JG Summit..
2017 FILINVEST DEVELOPMENT : JG Summit tap Changi in offer to develop Clark Airport
2017 FILINVEST DEVELOPMENT : JG Summit submit unsolicited bid for Clark airport
More news
News from SeekingAlpha
2016 UNIVERSAL ROBINA : Join The Short Bandwagon And Go With The Share Price Slide
Financials ( PHP)
Sales 2017 256 B
EBIT 2017 42 272 M
Net income 2017 25 106 M
Debt 2017 181 B
Yield 2017 0,23%
P/E ratio 2017 21,81
P/E ratio 2018 19,51
EV / Sales 2017 2,89x
EV / Sales 2018 2,74x
Capitalization 559 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 75,0  PHP
Spread / Average Target -3,9%
EPS Revisions
Managers
NameTitle
James L. Go Executive Chairman & Chief Executive Officer
Lance Yu Gokongwei President, COO & Executive Director
Francisco M. del Mundo Chief Financial Officer
Johnson Robert G. Go Non-Executive Director
Lily G. Ngochua Director
Sector and Competitors
1st jan.Capitalization (M$)
JG SUMMIT HOLDINGS, INC.11 090
NESTLÉ-1.58%267 725
THE KRAFT HEINZ COMPANY-0.53%94 232
MONDELEZ INTERNATIONAL-0.77%63 467
DANONE-0.51%56 945
GENERAL MILLS-2.43%32 919