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GSIS Posts 28% Profit Surge in First Half
The Government Service Insurance System (GSIS) in the Philippines reported a 27.8% year-on-year increase in net income for the first half, reaching P94.75 billion. Growth was driven by an expanded asset base and higher earnings.
MANILA, Philippines — The Government Service Insurance System (GSIS) reported a stronger first-half performance with net income rising 27.8 percent year on year to P94.75 billion. In a statement, the state-run pension fund attributed the growth to higher earnings as it expanded its asset base. Gross income increased 15 percent to P195.38 billion in the six months through June from P169.9 billion a year earlier, according to GSIS. READ: GSIS, JICA advance initiative to improve gov’t asset insurance Total assets climbed to P2.05 trillion as of June 30, up P74.81 billion from P1.98 trillion at the end of 2025. Meanwhile, GSIS said administrative expenses, including personnel and operating costs, amounted to P5.53 billion. READ: GSIS microloan releases reach P27.3B Administrative loading, a measure of operating costs relative to revenues, stood at 2.55 percent, comfortably below the 12 percent ceiling set by law and extending GSIS’s streak of single-digit administrative loading. /pai INQ
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