Philippine stocks: Gainers, losers, market-moving news – November 2022

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The PSE index closed at 6,167.57 points on Thursday, November 10, 2022, down by 1.19% 🔻. Check out the 10 most active stocks for the day.

Jollibee Foods Corporation said it saw its systemwide sales grow 51.3% to P77.8 billion in the first three quarters, considered a “historical record high” for the fast-food giant.

Year-to-date systemwide sales reached P210.88 billion, up by 40.9%, while revenues reached P150.36 billion, a 38.5% increase.“All regions registered double-digit sales growth driven by strong same store sales and store network growth. Our beverage business composed of CBTL, Highlands Coffee, and Milksha, which currently accounts for 30% of the JFC Group’s consolidated store network and 15% of consolidated systemwide sales, generated a 90.

 

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