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Jollibee Foods Corp. reported profit of P2.7 billion in the first nine months, a reversal from the P13.54 billion loss last year.
Revenues reached P108.57 billion, out of a systemwide sales of 149.68 billion, up 18.4 percent from last year’s P92.73 billion revenue. Jollibee also posted a systemwide sales of P126.42 billion – the sale of all Jollibee stores irrespective of where it is a company-owned store or a franchise one.
Earnings before interest tax depreciation and amortization hit P15.64 billion, a reversal from a P3.03 billion loss last year.
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Same store sales in the Philippine business increased by 32.4 percent in the third quarter of 2021 compared to the same quarter last year while the international business grew by 12.4 percent.
