 Lance Y. Gokongwei, President and CEO of JG Summit Holdings, has steered the group’s expansion across diverse industries, reinforcing its role as a key contributor to Southeast Asia’s economic growth. IMAGE JG Summit JG Summit Holdings, Inc., the flagship conglomerate of the Gokongwei Group, has climbed to No. 50 in the 2025 Fortune Southeast Asia 500, up from No. 55 in the previous year. The annual list ranks the region’s largest companies by revenue based on 2024 fiscal year performance. This is the second consecutive year JG Summit has made the prestigious ranking, reflecting the group’s growing scale, influence, and sustained presence across Southeast Asia’s dynamic economies.
The recognition comes as JG Summit celebrates its 35th anniversary, with reported revenues of $6,240.7 million and total assets of $18,980.6 million for the period. “We are honored to be recognized in the Fortune Southeast Asia 500 list as we continue to uphold our purpose, unrelenting in our commitment to providing our customers with better choices and creating shared success with our stakeholders,” said Lance Y. Gokongwei, President and CEO of JG Summit. JG Summit’s portfolio spans several key sectors with broad market reach, including Universal Robina Corporation in food and beverage, Robinsons Land Corporation in real estate, and Cebu Pacific in air transportation. “Owing to our vast consumer-facing footprint, JG Summit continues to look for ways to harness its strengths and unlock synergies within the Gokongwei Group’s ecosystem to deliver long-lasting value,” Gokongwei added. He also expressed gratitude to the group’s customers, employees, business partners, and shareholders, whose continued support drives JG Summit’s growth and long-term success. JG Summit is one of 40 companies from the Philippines included in this year’s Fortune Southeast Asia 500, which also features firms from Cambodia, Indonesia, Malaysia, Singapore, Thailand, and Vietnam. Now in its second year, the Fortune Southeast Asia 500 provides an overview of the region’s expanding role in the global economy. The ranking spans a wide range of sectors, from established industries such as energy, banking, telecommunications, and consumer goods, to high-growth areas including mining for battery materials, electric mobility, and emerging applications of artificial intelligence. “The region has become a crucial manufacturing and export hub, which is drawing significant capital flows. This momentum has been further fueled by Trump-era tariffs, which have reshaped global trade dynamics and driven a shift towards Southeast Asia,” said Clay Chandler, Executive Editor of Fortune Asia. With its improved standing in the Fortune list, JG Summit reinforces its position as a vital contributor to regional growth and a trusted force in Philippine business. |
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