SBS Philippines Corporation (SBS) celebrated its 10th year as a listed company with a ceremonial bell ringing at the Philippine Stock Exchange on August 15, 2025. Board Chairman Ricardo Nicanor N. Jacinto, Vice Chairpersons Necisto Y. Sytengco II and Aylene Y. Sytengco, President & CEO Gerry D. Tan, and SBS Subsidiary’s Vice President Ned Bryan Y. Sytengco rang the Opening Bell.
This milestone honors founder Mr. Necisto U. Sytengco’s legacy of serving with purpose and good stewardship, affirming SBS’ commitment to transparency and corporate governance as a trusted stakeholder partner.
Since listing in 2015, SBS has achieved remarkable growth. Total assets more than doubled to ₱8.8 billion in 2024, while debt-to-equity ratio improved dramatically from 70% to 34%—a reduction of over 40%. The company expanded its product portfolio with innovative solutions and adopted advanced technologies in IT, logistics, and renewable energy, investing ₱200 million in capex to enhance operational efficiency and customer service.
SBS embarked on strategic business diversification, investing in property-related businesses now extending to 24 investee companies with total investment carrying value of approximately ₱3.2 billion. The company proudly achieved an impressive 2-Arrow recognition by ICD for corporate governance excellence based on the ASEAN Corporate Governance Scorecard (ACGS), a position it continues to retain.
Looking ahead, Vice Chairman & Chief Operating Officer Mr. Necisto Y. Sytengco II highlighted SBS’ steadfast commitment to expanding its footprint, harnessing new technologies, and deepening stakeholder engagement.
