Jollibee Foods Corporation (JFC), the giant Asian food service company controlled by tycoon Tony Tan Caktiong and his siblings, reported a 13.9 percent dip in attributable net income to P4.4 billion in the first half of 2023 from the P5.1 billion earned in the same period last year. Jollibee...
Jollibee Foods Corporation is still optimistic about its growth prospects this year despite new challenges posed by rising costs and disruptions caused by Russia’s invasion of Ukraine. “Over the years, we have been unrelenting in our commitment to create value for both our shareholders and the...
A solemn topping-off ceremony of the University of Santo Tomas (UST) Santa Rosa’s first building, the Dr. Tony Tan Caktiong (TTC) Innovation Center, was held on August 3, 2021. The topping-off ceremony is a builders' rite traditionally held when the last beam (or its equivalent material) is...
Jollibee Foods Corporation is investing in an industrial property developer by infusing P3.97 billion worth of land used by its commissaries to get a foot into the real estate investment trust space. Based on a disclosure to the Philippine Stock Exchange, Jollibee will infuse 16.4 hectares of...
Jollibee Foods Corporation (JFC) and its subsidiaries, Fresh N’ Famous Foods, Inc. (FNF) and Mang Inasal Philippines, Inc. (MI), has entered into a license agreement with Milkshop International Co., Ltd., a popular Taiwanese Bubble tea brand. In a disclosure to the Philippine Stock Exchange,...
As the private sector steps up to pick up the slack, the Jollibee Group of companies announced that it has set up a Vaccination Program that will provides free vaccines for all its employees in the Philippines. Jollibee Group Chairman and Founder Tony Tan Caktiong said the vaccination program...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, is acquiring a 50 percent stake in the Philippine franchise of the popular Yoshinoya restaurant of Japan. In a disclosure to the Philippine Stock Exchange, JFC said it will establish a 50-50 joint venture with...
