+ Follow GREENWICH AND DELIFRANCE Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 360954
[Title] => Jollibee buys out Delifrance partner
[Summary] =>
Fastfood giant Jollibee Foods Corp. has acquired the remaining 50 percent of Baker Fresh Foods Philippines Inc., the sole franchisee of the Delifrance brand in the country, making it the sole owner of Delifrance.
In a disclosure to the Philippine Stock Exchange, Jollibee said the purchase of the 50 percent stake involved a restructuring of advances made by the firm and Delifrance Asia Ltd. amounting to P130 million into equity.
Jollibee said good sales from the brand encouraged the firm to buy out its partner.
[DatePublished] => 2006-10-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 353148
[Title] => Jollibee reports 18% income hike to P1.05B
[Summary] =>
Amid a very challenging business environment, fastfood giant Jollibee Foods Corp. reported a 17.6 percent growth in its first half net profit to P1.05 billion from P894.58 million a year earlier, mainly due to the opening of new stores and the additional earnings contribution from Red Ribbon Bakeshop.
In the second quarter, JFC earned P603.15 million or 12.5 percent higher than the P536.24 million profit posted in the same period a year ago.
[DatePublished] => 2006-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 261580
[Title] => Jollibee net income up 38.9% to P850M in H1
[Summary] => Local fastfood giant Jollibee Foods Corp. (JFC) reported a 38.9- percent increase in its net income during the first six months of the year to P850.6 million, driven by higher sales from both its local and international operations.
The company said its total system-wide retail sales amounted to P17 billion, up 22.8 percent from the previous year’s level. Revenues likewise grew 22.6 percent to P12.7 billion while income from operations rose 38 percent to P1.1 billion.
[DatePublished] => 2004-08-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
GREENWICH AND DELIFRANCE
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 360954
[Title] => Jollibee buys out Delifrance partner
[Summary] =>
Fastfood giant Jollibee Foods Corp. has acquired the remaining 50 percent of Baker Fresh Foods Philippines Inc., the sole franchisee of the Delifrance brand in the country, making it the sole owner of Delifrance.
In a disclosure to the Philippine Stock Exchange, Jollibee said the purchase of the 50 percent stake involved a restructuring of advances made by the firm and Delifrance Asia Ltd. amounting to P130 million into equity.
Jollibee said good sales from the brand encouraged the firm to buy out its partner.
[DatePublished] => 2006-10-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 353148
[Title] => Jollibee reports 18% income hike to P1.05B
[Summary] =>
Amid a very challenging business environment, fastfood giant Jollibee Foods Corp. reported a 17.6 percent growth in its first half net profit to P1.05 billion from P894.58 million a year earlier, mainly due to the opening of new stores and the additional earnings contribution from Red Ribbon Bakeshop.
In the second quarter, JFC earned P603.15 million or 12.5 percent higher than the P536.24 million profit posted in the same period a year ago.
[DatePublished] => 2006-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 261580
[Title] => Jollibee net income up 38.9% to P850M in H1
[Summary] => Local fastfood giant Jollibee Foods Corp. (JFC) reported a 38.9- percent increase in its net income during the first six months of the year to P850.6 million, driven by higher sales from both its local and international operations.
The company said its total system-wide retail sales amounted to P17 billion, up 22.8 percent from the previous year’s level. Revenues likewise grew 22.6 percent to P12.7 billion while income from operations rose 38 percent to P1.1 billion.
[DatePublished] => 2004-08-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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