Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported a 15.3 percent growth in attributable net income to P2.81 billion in the first nine months of 2024, as third-quarter earnings rose 24.1 percent to P8.47 billion. In a disclosure to the Philippine Stock...
Jollibee Foods Corporation (JFC) announced that its Board of Directors approved the declaration of a regular cash dividend of P2.04 billion or P1.82 per share of common stock on Nov. 11, 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm stated that the dividend will be...
Jollibee Foods Corporation, one of the largest Asian food service companies, is taking over the ownership and management of the Tim Ho Wan business through wholly owned subsidiary, Jollibee Worldwide Pte. Ltd (JWPL). In a disclosure to the Philppine Stock Exchange, Jollibee said it has signed an...
Junrey Ubod's farm, resting at the foot of the hill. By DERCO ROSAL While sipping their coffee at dawn, their phones lit and vibrated simultaneously for a text blast. "Chance of rain: LOW," it read. It looks like today’s going to be clear, Cebu farmers thought as they set their...
Jollibee was recognized as the top food brand in Southeast Asia by Campaign Asia in 2024, highlighting its popularity and influence as a Filipino icon in the region's food industry. This achievement reflects Jollibee’s dedication to providing joy in every meal and fostering community with its...
The Philippine Stock Exchange has approved the voluntary trading suspension of Jollibee Foods Corporation’s Series A Preferred Shares after the firm decided to redeem these securities earlier. In a disclosure to the PSE, Jollibee said its Board of Directors decided on Sept. 13, 2024, to...
Jollibee Foods Corporation, one of the largest Asian food service companies, is expanding its majority-owned Milksha bubble tea brand in the United States by opening it to franchising in three more states. In a disclosure to the Philippine Stock Exchange, Jollibee said its subsidiaries Milkshop...
Jollibee Foods Corporation, one of the largest Asian food service companies, is expecting to post higher operating income growth this year after posting a 28.9 percent profit growth and deciding to reduce its expansion pace and capital expenditure budget. In a disclosure to the Philippine Stock...
SM Investments Corporation said its subsidiary SM Retail’s The SM Store and The Coffee Bean and Tea Leaf (CBTL) are embarking on an ambitious plan to complete the rollout of in-store cafes across all 78 branches of SM Store by 2026. In a statement, SM said this strategic expansion aims to...
Jollibee Foods Corporation (JFC), one of the largest food service companies in the world, is reducing its 2024 capital expenditure budget by 20 percent and has withdrawn its application to offer and list up to eight million preferred shares worth P8 billion. In a disclosure to the Philippine Stock...
Jollibee Foods Corporation is re-evaluating its planned P8 billion preferred share offering to downsize it or opt for more flexible bank loans in light of its stronger cash flow and the expected interest rate cuts in the coming months. In an interview, Jollibee Chief Finance Officer Richard Shin...
Jollibee Foods Corporation, one of the largest Asian food service companies, is not planning to bring recently-acquired Compose Coffee to the Philippines over the next five years as it will be focusing on growing the brand’s market share in South Korea. In an interview, Jollibee Chief Finance...
