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BAKER FRESH FOODS PHILIPPINES
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 385100 [Title] => Jollibee profit rises 28% to P2.15B [Summary] => Fastfood giant Jollibee Foods Corp. (JFC) reported a 28-percent growth in its net income last year to P2.15 billion, helped by higher sales and an improved margin expansion.
In a disclosure to the Philippine Stock Exchange, JFC said its system-wide sales  a measure of all sales to consumers both from company-owned and franchised stores  went up 13.5 percent while net income as a percent of revenues rose to 6.4 percent last year from 5.8 percent in 2005.
[DatePublished] => 2007-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 378338 [Title] => SEC okays merger of 3 Jollibee units [Summary] => The Securities and Exchange Commission (SEC) has approved the plan of Jollibee Foods Corp. to merge three of its major subsidiaries Chowking Food Corp., Greenwich Pizza Corp. and Baker Fresh Foods Philippines.
The surviving entity would be Chowking, under the name Fresh N Famous Foods Inc., which will become the second-largest fastfood service company in the country next to Jollibee itself, accounting for 52 percent of group-wide sales.
[DatePublished] => 2007-01-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | February 15, 2007 - 12:00am
By Zinnia B. Dela Peña | January 5, 2007 - 12:00am
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