Jollibee's net profit up 16.3%
It grew 16.3% year-on-year to P5.11b on higher earnings from its expanding restaurant network worldwide.
Jollibee saw a 21.1% year-on-year growth in net profit to P1.62b in the third quarter alone. Its system-wide sales also rose by 14.5 percent year-on-year in the nine-month period.
The firm opened 265 new stores during the period, a 32% rise.