Jollibee Foods Corp (JFC.PS)
23 Mar 2018
* UNIT WILL PURCHASE FROM SMASHBURGER MASTER LLC ADDITIONAL 45% OF SJBF
* Q4 NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF PARENT CO 1.98 BILLION PESOS, UP 11.7 PERCENT
* Qtrly net income attributable to equity holders of parents 1.62 billion pesos versus 1.34 billion pesos
* Unit discontinued operations of 12 Hotpot brands in China Source text for Eikon: Further company coverage:
MANILA/SINGAPORE, Sept 22 Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth.