Fast food giant Jollibee Foods Corp. (JFC) incurred an attributable net loss of P1.79 billion in January to March, a complete turnaround from the P1.46-billion attributable net income it posted in the same period last year.
In a disclosure on Thursday, the listed food conglomerate said it expected its financial performance to further decline due to the economic impact of the coronavirus disease 2019 (Covid-19) pandemic.
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