Jollibee Foods Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Aug 14 14
Jollibee Foods Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company announced revenues of PHP 22,787,905,195 compared to PHP 19,912,987,104 for the same period a year ago. Operating income was PHP 1,628,575,566 compared to PHP 1,550,261,830 for the same period a year ago. Income before income tax of PHP 1,703,502,800 compared to PHP 1,617,731,464 a year ago. Net income was PHP 1,418,139,633 compared to PHP 1,219,952,425 for the same period a year ago. Net income attributable to holders of the parent company was PHP 1,389,834,123 or PHP 1.289 per diluted share compared to PHP 1,211,066,906 or PHP 1.150 per diluted share for the same period a year ago.
For the six months, the company announced revenues of PHP 43,701,717,625 compared to PHP 38,067,915,287 for the same period a year ago. Operating income was PHP 3,012,906,246 compared to PHP 2,726,476,382 for the same period a year ago. Income before income tax of PHP 3,151,815,733 compared to PHP 2,807,941,349 a year ago. Net income was PHP 2,516,130,609 compared to PHP 2,100,586,080 for the same period a year ago. Net income attributable to holders of the parent company was PHP 2,468,144,674 or PHP 2.291 per diluted share compared to PHP 2,105,734,836 or PHP 1.992 per diluted share for the same period a year ago. Net cash provided by operating activities was PHP 3,617,854,350 against PHP 3,725,902,878 a year ago. Acquisition of property and equipment was PHP 2,323,916,503 against PHP 1,678,924,470 a year ago. Acquisition of intangible assets of 152,598,069.
Jollibee Foods Corp. Announces Management Changes
Jun 27 14
Jollibee Foods Corp. announced the appointment of Ernesto Tanmantiong as President and Chief Executive Officer, Joseph Tanbuntiong as Tresurer and William Tan Untiong as Corporate Secretary. The company appointed Tony Tan Caktiong, Ernesto Tanmantiong, Willium Tan Untiong, Joseph C. Tanbuntiong and Ret. Chief Justice Artemio Panganiban to the Executive Committee; Ret. Chief Justice Artemio Panganiban-Head, Tony Tan Caktiiong-Member, Ernesto Tanmantiong-Member, Willium Tan Untiong-Member and Monico C. Jacob to the Nomination Committee; Tony Tan Caktiiong-Head, Ret. Chief Justice Artemio Panganiban-Member, Ang Cho Sit-Member and Cezar P. Consing-Member to the Compensation Committee; Monico C. Jacob-Head, Cezar P. Consing-Member, Antonio Chua Poe Eng-Member and Willium Tan Untiong-Member to the Audit Committee.