Tuesday, January 27, 2009

Jollibee Sales Increase 13%, But Lower Profits

26 January 2009

Jollibee confirmed today that sales increased by 13% in 2008, but profit is expected to slightly go down. Jollibee Chairman Tony Tancaktions said the high cost of raw materials last year squeezed the company profits.

Jollibee maintains a positive outlook for this 2009 due to lower prices.

No comments:

Post a Comment