Jollibee net earnings up nearly threefold to P2.8B - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

JOLLIBEE Foods Corp. (JFC) recorded a surge in its attributable net income to P2.79 billion in the second quarter, almost triple last year’s P976.71 million, after booking “record-high” system-wide sales, it said on Thursday. READ:

“We are pleased with our strong top line growth led by our Philippine business which delivered better-than-expected sales for the second quarter and got back to its pre-pandemic sales level,” JFC Chief Executive Officer Ernesto Tanmantiong said in a press release.

The JFC group’s operating income reached P3.05 billion during the second quarter, more than double last year’s P1.38 billion. In the first half, the company’s attributable net income hit P5.1 billion, more than four times the previous year’s P1.13 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Megaworld earnings rise 6.5% to P2.8B - BusinessWorld OnlineMEGAWORLD Corp. recorded a 6.5% increase in its attributable net income to P2.82 billion for the second quarter from the P2.65 billion recorded a year ago after booking double-digit growth in its core businesses. READ:
Source: bworldph - 🏆 9. / 68 Read more »

DoE worried about agency’s dual role as nuclear regulator, industry promoter - BusinessWorld OnlineThe Department of Energy (DoE) said the nuclear power regulatory regime must resolve potential issues regarding the Philippine Nuclear Research Institute’s (PNRI’s) dual role in regulating and developing the industry. READ:
Source: bworldph - 🏆 9. / 68 Read more »