Sunday 18 February 2018
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4 days ago

Jollibee posts 15% growth in net income

Fast-food giant Jollibee Foods Corp. (JFC) grew its net profit attributable to equity holder of parent by 15 percent last year to P7.09 billion as more stores opened and sales remained robust. For the fourth quarter alone, net profit rose by 11.7 percent year-on-year to P1.98 billion, Asia s most valuable restaurant chain disclosed to the Philippine Stock Exchange on Wednesday. The full-year performance brought JFC s return on equity to 19.3 percent, stable from 19.2 percent in the previous year. System-

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