Jollibee Foods Corp. (JFC), the largest fast-food chain in the Philippines, is seeing a 12-percent growth in its earnings per share (EPS) year-on-year, on the back of the introduction of new products and election spending.
“We should grow our earnings per share to at least 12 percent [in 2013],” Ysmael Baysa, JFC chief financial officer, told reporters after the company’s annual stockholders meeting, adding that the yearly growth target is always pegged at this level.
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