Jollibee Foods Corp. reported Tuesday its attributable net income fell 6 percent to P8.12 billion in the first nine months, from P8.65 billion a year earlier. System-wide sales rose over 13 percent to P377.69 billion, while revenue grew 11 percent to P250.2 billion.
The third quarter showed stronger results: earnings climbed 7 percent to P3.25 billion, with system-wide sales up 15 percent at P133.01 billion and revenue also rising 15 percent to P87.74 billion. Chief Executive Ernesto Tanmantiong noted domestic and international sales are now nearly evenly split — 50.9 percent and 49.1 percent respectively — a key milestone. Local same-store sales rose 6.7 percent, while international operations grew 2.5 percent. The company plans steady expansion, including 1,500 new potential sites in the Philippines from 2027 to 2030.
