jollibee foods corp-unsp adr (JBFCY) Key Developments
DoubleDragon Properties Corp. Signs an Agreement with Jollibee Foods Corporation to Build 40-Storey Commercial & Office Tower
Aug 26 15
DoubleDragon Properties Corp. has signed an agreement with Jollibee Foods Corporation to build 40-storey Commercial & Office Tower in a 3,002 square meters prime property at the corner of F. Ortigas Jr. Road and Garnet Road at the heart of the Ortigas Central Business District (CBD). The building shall be called Jollibee Tower.
Jollibee Foods Corporation Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2016
Aug 7 15
Jollibee Foods Corporation announced earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company announced revenues of PHP 24.853 billion compared to PHP 22.788 billion for the same period a year ago. Net income attributable to holders of the parent company was PHP 1.412 billion or PHP 1.325 per diluted share compared to PHP 1.39 billion or PHP 1.289 per diluted share for the same period a year ago. System wide retail sales were PHP 32.247 billion compared to PHP 29.748 billion for the same period a year ago.
For the six months, the company announced revenues of PHP 47.855 billion compared to PHP 43.702 billion for the same period a year ago. Net income attributable to holders of the parent company was PHP 2.6 billion or PHP 2.39 per diluted share compared to PHP 2.468 billion or PHP 2.291 per diluted share for the same period a year ago. System wide retail sales were PHP 62.154 billion compared to PHP 57.054 billion for the same period a year ago.
For the year 2016, the company expected double digit sales and profit growth and in the years ahead.
Jollibee Foods May Seek Acquisitions
Jun 26 15
Jollibee Foods Corp. (PSE:JFC) may seek acquisitions. Jollibee Chief Financial Officer Ysmael Baysa said that the company can reach its target in about seven years, but that will require a lot of acquisition and organic growth of its branches across all brands at home.
Jollibee Foods Corp., Annual General Meeting, Jun 26, 2015
May 14 15
Jollibee Foods Corp., Annual General Meeting, Jun 26, 2015., at 14:00 Singapore Standard Time. Location: Philippine Stock Exchange Auditorium, PSE Building, Exchange Drive. Agenda: To consider the approval of the 2014 audited financial statements and 2014 annual report; to ratify the actions by the Board of Directors and Officers of the Corporation; to approve the election of Directors; to approve the appointment of External Auditors; to consider the other matters.
Jollibee Foods Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 13 15
Jollibee Foods Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of PHP 21,857,488,198 against PHP 19,863,572,123 a year ago. Operating income was PHP 1,450,253,546 against PHP 1,384,330,680 a year ago. Income before income tax was PHP 1,594,463,211 against PHP 1,448,312,933 a year ago. Net income attributable to equity holders of the parent company was PHP 1,187,774,125 or PHP 1.092 per diluted share against PHP 1,078,310,550 or PHP 1.002 per diluted share a year ago. Net cash provided by operating activities was PHP 783,076,094 against PHP 858,887,549 a year ago. Acquisitions of property, plant and equipment was PHP 1,062,210,555 against PHP 1,003,555,320 a year ago.