Most CEOs Upbeat On Revenue Prospects

Despite threats from elevated inflation and economic uncertainty, the majority of local Chief Executive Officers (CEOs) remain confident about their revenue growth prospects in the next 12 months.

79% of the 157 CEOs surveyed are optimistic that their companies will achieve revenue growth in the next 12 months.

Results from a survey conducted by PwC Philippines in partnership with the Management Association of the Philippines (MAP) showed that 79% of the 157 CEOs surveyed are optimistic that their companies will achieve revenue growth in the next 12 months.

However, this figure is slightly lower than last year's survey, which recorded a peak in CEO optimism. In the previous year, 87% of the 119 CEO respondents expressed confidence in achieving topline growth in the next 12 months.

This year's survey revealed that 39% of CEOs are 'very confident' about revenue growth, compared to 43% last year. Meanwhile, 88% of the surveyed CEOs stated they are confident that their companies will experience revenue growth in the next three years, slightly down from the 89% seen in the previous survey.

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