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                    [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] => 
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            [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, Popeye’s Chicken, Church’s 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] => 
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            [2] => Array
                (
                    [ArticleID] => 130252
                    [Title] => Texas Chicken, Popeye’s file suit vs US franchisor
                    [Summary] => Texas Chicken and Popeyes Chicken, the fastfood chains of the Vitarich group, have sued their US-based franchisor for damages arising from the latter’s attempt to prematurely terminate their development and franchise agreements.


                    [DatePublished] => 2001-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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TEXAS MANOK

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    [results] => Array
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                    [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, Popeye’s Chicken, Church’s and/or similar restaurants in the Phili
                    [DatePublished] => 2002-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 130252
                    [Title] => Texas Chicken, Popeye’s file suit vs US franchisor
                    [Summary] => Texas Chicken and Popeyes Chicken, the fastfood chains of the Vitarich group, have sued their US-based franchisor for damages arising from the latter’s attempt to prematurely terminate their development and franchise agreements.


                    [DatePublished] => 2001-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

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Vitarich back in the red after 2 good years

By Christina Mendez | May 5, 2002 - 12:00am

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...

Business

Vitarich scores in legal tiff versus US franchisor

February 5, 2002 - 12:00am

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...

Business

Texas Chicken, Popeye’s file suit vs US franchisor

By Christina Mendez | August 15, 2001 - 12:00am

Texas Chicken and Popeyes Chicken, the fastfood chains of the Vitarich group, have sued their US-based franchisor for damages arising from the latter’s attempt to prematurely terminate their development and...

Business