
Jollibee Q1 earnings fall 8.1% to P2.41 billion
JOLLIBEE FOODS Corp. (JFC) reported an 8.1% decline in first-quarter (Q1) net income to P2.41 billion, down from P2.62 billion last year, due to higher non-operational costs. “On a quarter-on-quarter basis, both operating income and net income after tax ( …