GSIS posts 21% increase in 2024 operations net income to P135.7B
The Government Service Insurance System (GSIS) posted robust financial results in 2024, reporting a net income from operations of P135.7 billion, a 21% increase from P112.1 billion in 2023. Total assets grew by 9.23% to P1.83 trillion. Total income increased to P326.86 billion, a 10.29% rise year-on-year, fueled by strong returns on investments and insurance…