Jollibee Foods Corporation is divesting its stake in C-Joy Poultry Realty Inc., the firm that owns the land for its chicken meat processing joint venture with...
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C-Joy Poultry Realty owns the land on which the facilities of C-Joy Poultry Meats Production are situated. “The substantial increase in advertising and promotions drove a 14.6 percent rise in revenues,” said Jollibee Group Chief Financial and Risk Officer Richard Shin. However, attributable net income declined by 8.1 percent to ₱2.41 billion in the first quarter of 2025, from ₱2.62 billion in the same period last year, driven by higher below-the-line items.
Divesting From Property Firm Of Poultry JV With Cargill
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