Jollibee Foods Corp., one of the largest Asian food service companies, reported an almost flat attributable net income of ₱5.62 billion in the first half of 2025 from ₱5.66 billion a year ago as weakness in the first quarter was offset by growth in April to June.

Based on its disclosure to the Philippine Stock Exchange (PSE), the firm’s system-wide sales (SWS) rose 19.2 percent to ₱217.74 billion in the first half of the year from ₱182.93 billion in the same period of 2024.

This resulted in a 15-percent improvement in revenues to ₱ 147.85 billion from ₱128.52 billion in the comparative period last year.

“The Jollibee Group delivered strong financial results for the second quarter, with both revenue and profit growth accelerating compared to the first quarter—reflecting our continued business momentum and improved operational execution,” said Jollibee Group Chief Executive Officer (CEO) Ernesto Tanmantiong.

He added that, “On a year-on-year basis, our consolidated revenues rose by 15.5 percent, driving a 19.1-percent growth in operating income.

“This operating income growth highlights the strength of our coffee and tea segment and sustained contributions of our Philippine business and Jollibee International, underscoring the effectiveness of our multi-brand and multi-market strategy.”

The Jollibee Group achieved a record-high SWS of ₱114.5 billion for the second quarter, marking a 19.6-percent increase year-on-year.

SWS of the Philippine business grew by 11.3 percent, with Jollibee and Mang Inasal increasing by 13.3 percent and 139 percent, respectively.

The group’s international business delivered a robust 32.6-percent growth in SWS, fueled by a 68.8-percent surge in the coffee and tea segment. This was largely driven by Compose Coffee, which accounted for 56.6 percent of the growth.

Jollibee international continued its strong momentum—SWS increased by 15.4 percent versus the same quarter last year, led by Jollibee Vietnam, which grew by 35 percent.

“I look forward to building on this momentum as we continue to pursue excellence across all markets,” said Tanmantiong.

The Jollibee Group’s same-store sales growth (SSSG) for the second quarter was 5.5 percent, with SSSG of the Philippine business increasing by 6.4 percent, driven by Mang Inasal (12 percent), Red Ribbon (8.4 percent), Yoshinoya (7.9 percent), Panda Express (7.8 percent), and Jollibee (seven percent).

SSSG of the international business grew by 4.1 percent, led by strong results from North America Asian Brands posting 7.8 percent; EMEAA (Europe, Middle East, Eastern Asia, and Africa), 7.7 percent; Coffee Bean and Tea Leaf (CBTL), 4.9 percent; Milksha, 4.7 percent; Highlands Coffee, 4.4 percent; and China, 3.9 percent.

Attributable net income increased by 5.6 percent to ₱3.2 billion, reversing the decline seen in the first quarter of 2025.

“Our strong operating results this quarter reflect not only the positive impact of our strategic acquisition but also the underlying resilience of our business,” Jollibee Group Chief Financial and Risk Officer Richard Shin said.

He noted that, “Disciplined execution of both our cost-optimization initiatives and portfolio-innovation efforts helped stimulate growth and profitability. The expansion in operating margin and earnings underscores the effectiveness of our strategy.”

“I am particularly pleased with the successful expansion of our international business, which is now making a meaningful contribution to the overall performance,” Shin added.

Regina Capital Development Corp. Managing Director Luis Limlingan said Jollibee’s results are in line with expectations as its weaker first-quarter performance was reversed in the second quarter, with attributable net income supported by stronger sales growth “driven by strong brand performance, both domestic and international.”