Retail Asia19/08/2019
2min0
Jollibee’s Smashburger and Red Ribbon business units significantly dragged down the restaurant operator’s first-half profits. Jollibee Foods Corporation says the company’s net income attributable to shareholders was P1.1 billion (US$21.1 million) in the second quarter – half that of the preceding three months. First-half profit was down 34 percent on the same period last year. […]