Jollibee Group
MANILA, Philippines — Jollibee Foods Corp. (JFC) posted a record P3.4 billion attributable net income in the second quarter as stronger sales and pricing measures helped the restaurant giant recover from cost pressures at the start of the year.
The fast-food giant said on Tuesday its net income attributable to equity holders of the parent company (NIAT) rose 5.7 percent year on year and surged 130.5 percent from the first quarter.
READ: Jollibee sees long runway for growth in provinces
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