IN 2023, the GSIS generated a 33% increase in revenues to P311.3 billion from P234.9 billion. This translated to a 70% surge in net income from P66.4 billion to P113.3 billion, and a staggering 3,903% rise in total comprehensive income from P3.6 billion to P143.4 billion compared to the prior year.

“GSIS remains to be strong as we continue to search for yield to boost its generation of revenue. To this end we have increased focus on alternative investment including PE and real estate,” said GSIS President and General Manager Wick Veloso.

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