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Fastfood giant Jollibee Foods Corp. (JFC) is ramping up its presence in China with plans to build 100 stores in the world’s second largest economy according to a top company official.
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Listed Jollibee Foods Corp. announced on Friday the completion of its 55% acquisition of Guangxi San Pin Wang Food and Beverage Company Limited in southern China.
 
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Fastfood giant Jollibee Foods Corp. said it is likely to maintain its sales momentum in the third quarter but warns that a new crisis may be on the horizon amid a fragile global economic recovery brought about by a slowing US economy and Europe’s deepening debt problem.
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With the aggressive local and international expansion of fast-food giant Jollibee Foods Corp. (JFC), its chief executive officer Tony Tan Caktiong attributes a big part of its continuing success to their chief financial officer and 2010 ING-FINEX CFO of the Year, Ysmael Baysa.
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Local fastfood giant Jollibee Foods Corp. has  sealed a deal to acquire a majority stake, or 55 percent, in San Pin  Wang, a beef noodle chain in China, for RMB 30 million or P195 million.
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Fastfood giant Jollibee Foods Corp. (JFC) is building its first commissary in China through a joint venture with Singapore firm Hua Xia Harvest Holdings Pte. Ltd. that will require both parties to invest a total of $7.4 million.
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                    [Title] => Jollibee acquires 55% of China noodle chain
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Fastfood giant Jollibee Foods Corp. (JFC) is further beefing up its presence overseas with the acquisition of a 55-percent stake in a low-priced noodle restaurant chain in China for $4.4 million.
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                    [Title] => Jollibee reports 3.7% drop in net profit to P2.3 billion last year
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MANILA,  Philippines - Jollibee Foods Corp., the country’s largest fast-food chain operator, reported a 3.7 percent drop in net profit last year due to increased raw material costs and interest expenses.
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Profits of fastfood giant Jollibee Foods Corp. (JFC) slightly fell last year, squeezed by higher cost of raw materials and fuel prices, according to a top company official.
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                    [Title] => Jollibee posts 4.6% profit growth in 3rd qtr
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After two quarters of negative growth, fastfood giant Jollibee Foods Corp. posted a 4.6-percent hike in net profit in the third quarter this year on the back of higher sales as more investors ate out during the period.
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YONGHE KING

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Listed Jollibee Foods Corp. announced on Friday the completion of its 55% acquisition of Guangxi San Pin Wang Food and Beverage Company Limited in southern China.
 
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                    [Title] => Jollibee eyes higher sales
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Fastfood giant Jollibee Foods Corp. said it is likely to maintain its sales momentum in the third quarter but warns that a new crisis may be on the horizon amid a fragile global economic recovery brought about by a slowing US economy and Europe’s deepening debt problem.
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With the aggressive local and international expansion of fast-food giant Jollibee Foods Corp. (JFC), its chief executive officer Tony Tan Caktiong attributes a big part of its continuing success to their chief financial officer and 2010 ING-FINEX CFO of the Year, Ysmael Baysa.
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Local fastfood giant Jollibee Foods Corp. has  sealed a deal to acquire a majority stake, or 55 percent, in San Pin  Wang, a beef noodle chain in China, for RMB 30 million or P195 million.
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Fastfood giant Jollibee Foods Corp. (JFC) is building its first commissary in China through a joint venture with Singapore firm Hua Xia Harvest Holdings Pte. Ltd. that will require both parties to invest a total of $7.4 million.
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                    [Title] => Jollibee acquires 55% of China noodle chain
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Fastfood giant Jollibee Foods Corp. (JFC) is further beefing up its presence overseas with the acquisition of a 55-percent stake in a low-priced noodle restaurant chain in China for $4.4 million.
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                    [Title] => Jollibee income slightly down due to high costs
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Profits of fastfood giant Jollibee Foods Corp. (JFC) slightly fell last year, squeezed by higher cost of raw materials and fuel prices, according to a top company official.
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                    [Title] => Jollibee posts 4.6% profit growth in 3rd qtr
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After two quarters of negative growth, fastfood giant Jollibee Foods Corp. posted a 4.6-percent hike in net profit in the third quarter this year on the back of higher sales as more investors ate out during the period.
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abtest

Jollibee plans 100 new stores in China

By Zinnia B. Dela Peña | August 31, 2012 - 12:00am

Fastfood giant Jollibee Foods Corp. (JFC) is ramping up its presence in China with plans to build 100 stores in the world’s second largest economy according to a top company official.

Business

Jollibee completes 55% acquisition of Chinese fast food chain

By Jovan Cerda | March 9, 2012 - 7:00pm

Listed Jollibee Foods Corp. announced on Friday the completion of its 55% acquisition of Guangxi San Pin Wang Food and Beverage Company Limited in southern China.  

Jollibee eyes higher sales

By Zinnia B. Dela Peña | September 16, 2011 - 12:00am

Fastfood giant Jollibee Foods Corp. said it is likely to maintain its sales momentum in the third quarter but warns that a new crisis may be on the horizon amid a fragile global economic recovery brought about by...

Business

Tony Tan Caktiong recognizes CFO of the Year awardee

February 14, 2011 - 12:00am

With the aggressive local and international expansion of fast-food giant Jollibee Foods Corp. (JFC), its chief executive officer Tony Tan Caktiong attributes a big part of its continuing success to their chief financial...

Lifestyle Business

Jollibee buys another China noodle chain

By Zinnia B. Dela Peña | October 28, 2010 - 12:00am

Local fastfood giant Jollibee Foods Corp. has sealed a deal to acquire a majority stake, or 55 percent, in San Pin Wang, a beef noodle chain in China, for RMB 30 million or P195 million.

Business

Jollibee to build commissary in China

By Zinnia B. Dela Peña | July 29, 2010 - 12:00am

Fastfood giant Jollibee Foods Corp. (JFC) is building its first commissary in China through a joint venture with Singapore firm Hua Xia Harvest Holdings Pte. Ltd. that will require both parties to invest a total...

Business

Jollibee acquires 55% of China noodle chain

By Zinnia B. Dela Peña | May 5, 2010 - 12:00am

Fastfood giant Jollibee Foods Corp. (JFC) is further beefing up its presence overseas with the acquisition of a 55-percent stake in a low-priced noodle restaurant chain in China for $4.4 million.

Business

Jollibee reports 3.7% drop in net profit to P2.3 billion last year

By Zinnia B. Dela Peña | February 14, 2009 - 12:00am

MANILA, Philippines - Jollibee Foods Corp., the country’s largest fast-food chain operator, reported a 3.7 percent drop in net profit last year due to increased raw material costs and interest expen...

Business

Jollibee income slightly down due to high costs

By Zinnia B. Dela Peña | January 21, 2009 - 12:00am

Profits of fastfood giant Jollibee Foods Corp. (JFC) slightly fell last year, squeezed by higher cost of raw materials and fuel prices, according to a top company official.

Business

Jollibee posts 4.6% profit growth in 3rd qtr

By Zinnia B. Dela Peña | November 14, 2008 - 12:00am

After two quarters of negative growth, fastfood giant Jollibee Foods Corp. posted a 4.6-percent hike in net profit in the third quarter this year on the back of higher sales as more investors ate out during the...

Business