Jollibee Foods Corp. posts 9.7% drop in 9-month net income to P8.14B
Jollibee Foods Corp. (JFC), the Philippines' largest fast-food chain, reported a 9.7 percent year-on-year decline in net income to P8.14 billion for the January-to-September period. Despite robust sales, higher costs and interest expenses impacted profitability.
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