jollibee foods corp-unsp adr (JBFCY) Key Developments
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.
Jollibee Foods Corp. Reports Audited Earnings Results for the Year Ended December 31, 2014; Declares Regular Cash Dividend, Payable on May 29, 2015
Apr 8 15
Jollibee Foods Corp. reported audited earnings results for the year ended December 31, 2014. For the year, the company reported revenue of PHP 90,671 million, net operating income of PHP 6,137 million, net income attributable to equity holders of parent of PHP 5,362 million or PHP 4.955 per diluted share against reported revenue of PHP 80,283 million, net operating income of PHP 5,931 million, net income attributable to equity holders of parent of PHP 4,672 million or PHP 4.36 per diluted share a year ago. Return on Equity improved slightly from 21.5% in 2013 to 21.6% in 2014. The improvement in 2014 audited net income over the report made earlier resulted mainly from a favourable inventory variance arising from the reconciliation of inventory balance per physical count against balance per books.
The company declared a regular cash dividend of PHP 0.80 per share to stockholders of record as of May 7, 2015 payable on May 29, 2015. This represents a 6.7% increase over the regular cash dividend of PHP 0.75 per share paid at about the same time last year.
Jollibee Foods Corporation Declares Cash Dividend, Payable on May 29, 2015
Apr 8 15
The board of directors of Jollibee Foods Corp. approved in a meeting held on April 7, 2015, approved a cash dividend of PHP 0.80 per share of common share against PHP 0.89 per share paid last period, due to all stockholders of record as of May 7, 2015 (ex-dividend date of May 4, 2015) and payable on May 29, 2015.