Double Dragon Properties, Corp. (DD), the joint venture company built by the founders of Mang Inasal and Jollibee Foods Corp. expects to exceed its net profit target of P340 million this year and stay on track toward its 2016 profit target.

In the first quarter of this year, DD’s net income jumped 117 percent to P21.2 million from a year-earlier level of P9.8 million.

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