Completion map of New Manila International Airport (courtesy of SMC)
Philippines: 2018 earnings rankings : Infrastructure giant San Miguel tops the list
Manila
January 22, 2020
Philippines / “Business World”
On January 2, 2018, we announced the ranking of Filipino companies / Gross revenue.
1st place: San Miguel Corporation:
We are working on the construction of New Manila International Airport.
Infrastructure giant / San Miguel Corporation ranks first at 1.6 trillion pesos (about 2,226.6 million yen, 1 pesos = about 2.1 yen).
2nd: Top Frontier Investment:
The largest shareholder of San Miguel Corporation.
We are engaged in mining and packaging, real estate, food and beverages.
Top Frontier Investment ranks second with P1.5 trillion.
3rd place: Petron:
San Miguel Corporation is the largest shareholder.
Petron, the Philippines’ largest petroleum refinery, ranks third with 565.7 billion pesos.
4th: SM Investments Corporation:
SM family conglomerate headed by the Sea family for 11 consecutive years on Forbes’ “Millionaire List in the Philippines”.
SM Investments Corporation ranks fourth at Ps. 454.1 billion.
5th place: Ayala Corporation:
It has telecommunications giants Globe, BPI Bank, Manila Water, and Ayala Land.
Ayala Corporation, the Ayala Zaibatsu, ranks fifth at Ps. 325.4 billion.
6th: Manila Electric (Meralco)
Manila Electric (Meralco), the largest distribution company in the Philippines, ranks sixth with P309.3 billion.
7th: JG Summit:
Food Universal Robina, Real Estate Robinsons Land, Cebu Pacific Airways, and Robinsons Bank are affiliated.
JG Summit Holdings ranks seventh with P293.9 billion
8th place: San Miguel Food and Beverage:
Kirin Holdings of Japan will hold a stake of about 48% and will hold over 90% of the Philippine beer market.
San Miguel Food and Beverage, which has San Miguel Brewery, etc., ranked 8th at P288.7 billion
9th: GT Capital Holdings
Under the umbrella of Metropolitan Bank, Real Estate Federal Land, Insurance Philippines Axa Life Insurance.
GT Capital Holdings, which owns 51% of Toyota Motor Philippines, ranks ninth at 215.8 billion pesos
10th place: Aboitis Equity Ventures
Aboitis Equity Ventures, which includes power generation, real estate development, banks and airlines, ranks 10th at Ps. 201 billion.
-JETRO
https://www.jetro.go.jp/biznews/2020/01/ece6dc72ab4135ea.html