JOLLIBEE SYSTEM-WIDE SALES BOOST ITS 9-MONTH PROFIT

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The robust system-wide sales of Jollibee Foods Corp. boosted its profit during the first three quarters of this year, or to P1 billion. In its financial report, the Philippines’ largest food service company informed the Philippine Stock Exchange that its third quarter attributable net income went up 15.9 percent to P1.02 billion, after concluding the period with system-wide sales of about P25.32 billion, up 13 percent from last year’s P22.2 billion.

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