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+ Follow TEXAS CHICKEN AND POPEYE Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 159701 [Title] => Vitarich back in the red after 2 good years [Summary] => After two profitable years, poultry and feeds company Vitarich Corp. again suffered losses as its fastfood subsidiaries remained a thorn in its operations.
In 2001, the Sarmiento-controlled firm posted net losses of P115.861 million, a sharp reversal from the P28.564 million earnings in 2000, mainly on the back of the P119.745 million in accrued losses from its equity investments in its subsidiaries. Minus the equity losses, Vitarich would have earned a mere P3.88 million during the period.
[DatePublished] => 2002-05-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 149540 [Title] => Vitarich scores in legal tiff versus US franchisor [Summary] => Pending a ruling on a case of breach of contract, the Regional Trial Court of Pasig has ordered the US-based AFC Enterprises to stop any negotiations with any other parties aside from the Vitarich group regarding the franchise of their fastfood chain.
Last week, the same court issued a writ of preliminary injunction on AFC and its officials to "cease and desist from licensing or entering into any development/franchise agreement or any contract of similar import with any person or entity to Texas Chicken, Popeyes Chicken, Churchs and/or similar restaurants in the Phili [DatePublished] => 2002-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
TEXAS CHICKEN AND POPEYE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 159701 [Title] => Vitarich back in the red after 2 good years [Summary] => After two profitable years, poultry and feeds company Vitarich Corp. again suffered losses as its fastfood subsidiaries remained a thorn in its operations.
In 2001, the Sarmiento-controlled firm posted net losses of P115.861 million, a sharp reversal from the P28.564 million earnings in 2000, mainly on the back of the P119.745 million in accrued losses from its equity investments in its subsidiaries. Minus the equity losses, Vitarich would have earned a mere P3.88 million during the period.
[DatePublished] => 2002-05-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 149540 [Title] => Vitarich scores in legal tiff versus US franchisor [Summary] => Pending a ruling on a case of breach of contract, the Regional Trial Court of Pasig has ordered the US-based AFC Enterprises to stop any negotiations with any other parties aside from the Vitarich group regarding the franchise of their fastfood chain.
Last week, the same court issued a writ of preliminary injunction on AFC and its officials to "cease and desist from licensing or entering into any development/franchise agreement or any contract of similar import with any person or entity to Texas Chicken, Popeyes Chicken, Churchs and/or similar restaurants in the Phili [DatePublished] => 2002-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Christina Mendez | May 5, 2002 - 12:00am
February 5, 2002 - 12:00am
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