EXCERPT

He noted that, “Thanks to our diversified portfolio and our agility to transform whatever adversities we faced into opportunities, and our continuous drive for operating efficiencies.”

“Our overall margins improved given the hefty growth in the topline, coupled with our cost efficiency measures which have remained in place,” Tan said.

During the year, AGI achieved milestones such as the P15.3 billion initial public offering of Megaworld’s real estate investment trust while Emperador has made further headways in the international market and is now looking forward to a possible dual listing with the Singapore Stock Exchange.

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