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

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 CEST
   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 cris.larano@dowjones.com

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.
03/28 China Bank arranges P4-B loan for CebuPac
03/28 CEBU AIR : Pacific earned P9.8B in profits, up 122%, in 2016
03/22 ROBINSONS LAND : Roxaco-Vanguard to build 20 Go Hotels by 2021
2016DJJG SUMMIT : Building New Petrochemical Plants, Expanding Naphtha Cracker
2016DJJG SUMMIT : Nine-Month Net Profit PHP23.25 Billion, Up 44% On Year
2016DJUNIVERSAL ROBINA : Raises PHP4.38 Billion via Shares Sale
2016DJJG Summit 1st-Half Net Profit PHP17.53 Billion, Up 31% on Year
2016DJCEBU AIR : Says Cebu Pacific Flew More Than 10 Million Passengers in First Half
2016 JG SUMMIT HOLDINGS, INC. : ex-dividend day for annual dividend
2016DJJG Summit Says Capex to Recover in 2017
More news
Sector news : Food Processing - NEC
03/27DJArcher Daniels Midland Sweet on Chamtor -- Market Talk
03/25 BRF : Whistleblower in Brazil meat scandal takes on powerful industry
03/25 BRF : Brazil meat probe will show further evidence of graft - sources
03/24 JBS : EU asks Brazil to suspend meat shipments amid scandal - sources
03/23DJJBS : Cuts Beef Production as Brazilian Officials Try to Reopen Export Markets -..
More sector news : Food Processing - NEC
News from SeekingAlpha
2016 UNIVERSAL ROBINA : Join The Short Bandwagon And Go With The Share Price Slide
Advertisement
Financials ( PHP)
Sales 2016 233 556 M
EBIT 2016 51 134 M
Net income 2016 31 011 M
Debt 2016 170 061 M
Yield 2016 0,31%
P/E ratio 2016 19,78
P/E ratio 2017 18,51
EV / Sales 2016 3,21x
EV / Sales 2017 2,84x
Capitalization 580 190 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 73,2  PHP
Spread / Average Target -9,6%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
James L. Go Executive Chairman & Chief Executive Officer
Lance Yu Gokongwei President, COO & Executive Director
Johnson Robert G. Go Non-Executive Director
Lily G. Ngochua Director
Patrick Henry C. Go Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
JG SUMMIT HOLDINGS, IN..11 571
NESTLE SA5.68%244 398
KRAFT HEINZ CO4.50%111 064
MONDELEZ INTERNATIONAL..-1.80%66 453
DANONE5.66%45 746
GENERAL MILLS, INC.-4.23%33 871
More Results