JFC Opens 98 Stores in Q4, 2013 Profit Up by 25%

Metro Manila, Philippines, February 14, 2014 Jollibee Foods Corporation (PSE: JFC) – Results for the quarter ended December 31, 2013

The following are the highlights of JFC’s results of operations for the quarter and year ended December 31, 2013 based on its unaudited financial statements:

Financial Summary Quarter 4 Ended December 31 Year to Date Ended December 31
2013 2012 % Change 2013 2012 % Change
System Wide Retail Sales 28,867 25,353 13.9% 104,090 92,271 12.8%
Revenues 22,429 19,560 14.7% 80,263 71,059 13.0%
Net Operating Income 1,937 1,327 46.0% 5,873 4,345 35.1%
Net Income 1,555 1,206 29.0% 4,694 3,712 26.5%
Net Income Attributable to Equity Holders of the Parent Company 1,517 1,261 20.3% 4,641 3,727 24.5%
Earnings per Common Share – Basic 1.442 1.206 19.6% 4.421 3.577 23.6%
Earnings per Common Share – Diluted 1.414 1.200 17.8% 4.331 3.513 23.3%

*Amounts In PhP Millions, except % change and Per Share data.

Jollibee Foods Corporation’s net income attributable to equity holders of the parent company rose by 20.3% in the 4th quarter over the same period year ago. Net income for the whole year of 2013 amounted to Php 4.6 billion, up by 24.5% versus 2012. System wide retail sales, a measure of all sales to consumers, both from company-owned and franchised stores rose b 13.9% in the 4th quarter and by 12.8% in 2013 reaching Php 104.1 billion.

Annual Reports

2013 – JFC Annual Report

2013 Annual Report (7.09 MB)

2012 – Branding great taste.How do you brand great taste?

A brand is like a person. It is truly unique. Its name clearly reminds of some things; to consumers – its benefits, its promise of high quality. Branding is about creating that identity. At Jollibee Foods Corporation, we create and serve great tasting food. Always, the food taste must be worthy of the brand name. Through concise and catchy taglines, we communicate to consumers the brands’ promise of high quality.

2012 Annual Report (69,400 KB)

2011 – Drive to a greater future.Jollibe Foods Corporation (JFC) continues to create lasting and memorable moments with family and friends as it shares the joy of eating locally and around the world. With its store network exponentially growing in numbers, JFC has set its sights on bigger dreams for future expansions. JFC seizes the dream of putting up each brand in interesting key locations across the globe, to delight the diverse palates of the international market. Visualizing these aspirations with artistic renderings, JFC shares its imagination and bold dreams towards its Drive to A Greater Future.

2011 Annual Report (39,600 KB)

2010 – Spreading the joy of eating to everyone.Sharing a meal is more than just dining on delicious food. It is about spending time with family, friends, and colleagues. Jollibee Foods Corporation (JFC) understands this and strives to make each dining moment a delightful experience. With its diverse variety of brands and food choices, JFC reaches a broad range of customers from different walks of life all over the word – truly spreading the joy of eating to everyone.

2010 Annual Report (48,200 KB)

2009 – The Place is a BrandWhat makes a brand? More than just a name and a logo, a brand has character. It can be formal or playful, aged or young, traditional or modern, elaborate or simple. A good brand does not just deliver its benefits. It does so with distinctive style! The brands of Jollibee Foods Corporation serve great tasting, great value food. They provide dining experience in a place designed to delight in a way that is consistent with the brands’ character. In this annual report, we feature our restaurants showing the different personalities of our brands.

2009 Annual Report (4,138 KB)

2008 – Growing by Adapting the Flavors of the WorldTHE WORLD IS GLOBAL, BUT ITS TASTES ARE LOCAL. People adapt foreign foods but change them to their tastes. This is natural. Taste preference along with those of aroma, texture, and presentation evolved over hundreds of years, influenced mainly by the kinds of plant and animal food that grow in their geography. Local preferences are hard to change.

This presents challenges and opportunities for those serving food in many countries. They should understand and satisfy the local tastes. If they do, they would have new markets. Their array of cuisines and flavors would also expand, giving them even more chances to serve a wider variety of food to other peoples in other places. For Jollibee Foods Corporation, this is one of the meanings of “growth”.

2008 Annual Report (5,019 KB)

2007 – 30 Years Enhancing CelebrationsJOLLIBEE BEGAN WITH TWO ICE CREAM PARLORS in Manila in 1975. It became a formal business enterprise on January 11, 1978 with the establishment of Jollibe Foods Corporation. Since then, JFC had grown to become the largest food service company in the Philippines and one of Asia’s most promising food service enterprises.

Today, JFC operates more than 1,600 stores in the Philippines and 9 other countries with 8 brands: Jollibee, Chowking, Greenwich, Red Ribbon, Yonghe King, Delifrance, Chun Shui Tang and it’s latest addition Manong Pepe.

Even in its earliest years, Jollibee brand was not just about convenience and affordability in eating out. It has always been about great tasting food in a fun and wholesome place. It has a great place for celebrations

These qualities have become parts of the character of all brands in the Jollibee Group.

In 2008, Jollibee Foods Corporation is celebrating its 30th year of official existence. More meaningfully for its employees’ they are celebrating 30 years of doing a fine job og enhancing customer celebrations!

In this annual report, Jollibee Foods Corporation features customer celebrations patronizing our products in and outside of our stores.

2007 Annual Report (2,636 KB)

2006 – Building Leader Brands: The Art of MarketingWhen people look at our logos, what quickly comes to their minds? Most likely, images of Jollibees Chickenjoy and Yumburger, Chowking’s Chinese noodles, Greenwichs pizzas and pastas, Delifrance’s freshly-baked breads, Red Ribbon’s cakes and pastries, Yonghe Kings soy milk and dough sticks, and Chun Shui Tangs tea drinks. But logos aren’t simply about products. Logos, and the brands they represent remind people of the brands’ promises. Like a distinctive flavor, texture, juiciness and aroma of familiar food products; the liveliness, colorfulness, cleanliness and atmosphere of fun and customer delight in the dining place; the ready smile, warmth and courtesy of the store crew.

As a profound definition, a brand is a promise to a certain delightful experience. For this 2006 Annual Report, we take a closer look into the leader brands that make up the Jollibee Group. We invite our readers to take this journey with us, how we communicate the brands’ promise through effective marketing; and how we ensure that the brands’ promise is delivered always, and even betterthrough constant innovation and improvement in products, service and store design. This is our art of marketing. It helps explain why the Jollibee Group has become a group of leader brands. It gives more insight into why our brands keep on achieving superior performance in the market place.

2006 Annual Report (4,714 KB)

2005 – Ordinary People with Extraordinary AchievementsPassionate dancers, a violinist, a nature lover, a church lector, an aspiring artist, a cyclist an extreme climber, a baseball player, an NGO volunteer, a rising star and a photography enthusiast. They are people in Jollibee Foods Corporation. They live theirs fully with their varied interests. But they are also ordinary people who enjoy the simplicities of life. The people of Jollibee Group are ordinary people. What makes them stand out are their characters and the values they apply in daily life.

2005 Annual Report (4,714 KB)

2004 – Inside our great tasting foodEveryday, 1.7 million people enjoy our great tasting food in our happy and fun restaurants. When they stand before the counter, they already know more or less what they want: the crispy Chicken Joy in our Jollibee store, the rich flavored Halo-Halo dessert in Chowking, the Primo Pizza in Greenwich, the French Baguette in Delifrance, or the Deep Fried Dough Stick in Yonghe King. They want to repeat the delightful dining experience they have whenever they come to our restaurants.

2004 Annual Report (1,313 KB)

2003 – Our youthful optimism for the futureOn cover is 17-year old Miss Astrid Isidoro, a first-year college student in St. Paul University System in Quezon City, taking up Business Management.Like so many other people of various ages, she enjoys dining in restaurants run by Jollibee Group of Companies. Astrid represents the young population of the Philippines… and of Asia.

2003 Annual Report (1,313 KB)

2002 – 25 Years of spreading great taste and happinessJollibee is a major international brand with its heart in the Philippines and its strength born of Asian pride. Uncompromising in its standards, flexible and responsive, every outlet in the Jollibee chain offers customers wholesome fun and affordable, superior tasting food served in a bright, clean and imaginative environment.

2002 Annual Report (19,280 KB)

Financial Updates

Press Release and Quarterly Interim Results..

Year 2019

Press Release on Q3 2019 Financial Results

Press Release on Q2 2019 Financial Results

Press Release on Q1 2019 Financial Results

Year 2018

Press Release on Q4 2018 Financial Results

Press Release on Q3 2018 Financial Results

Press Release on Q2 2018 Financial Results

Press Release on Q1 2018 Financial Results

Year 2017

Press Release on Q4 2017 Financial Results

Press Release on Q3 2017 Financial Results

Press Release on Q2 2017 Financial Results

Press Release on Q1 2017 Financial Results…

Year 2016

Press Release on Q4 2016 Financial Results

Press Release on Q3 2016 Financial Results

Press Release on Q2 2016 Financial Results

Press Release on Q1 2016 Financial Results

Year 2015

Press Release on Q4 2015 Financial Results

Press Release on Q3 2015 Financial Results

Press Release on Q2 2015 Financial Results

Press Release on Q1 2015 Financial Results

Year 2014

2014 SEC Form 17-Q

Year 2013

2013 Audited Consolidated Financial Statements

4th Quarter Consoidated Financial Statements

SEC Form 17-C 4th Quarter Press Release

3rd Quarter Consolidated Financial Statements

SEC Form 17-C 3rd Quarter Press Release

2nd Quarter Consolidated Financial Statements

SEC Form 17-C 2nd Quarter Press Release

1st Quarter Consolidated Financial Statements

SEC Form 17-C 1st Quarter Press Release

Year 2012

2012 Audited Consolidated Financial Statements

SEC Form 17-C 1st Quarter Press Release

1st Quarter Consolidated Financial Statements

SEC Form 17-C 2nd Quarter Press Release

2nd Quarter Consolidated Financial Statements

SEC Form 17-C 3rd Quarter Press Release

SEC Form 17-C 4th Quarter Press Release

4th Quarter Consolidated Financial Statements

3rd Quarter Consolidated Financial Statements

Year 2011

First Quarter Analysis Kit

First Quarter Press Release

Second Quarter Analysis Kit

Second Quarter Press Release

Third Quarter Analysis Kit

Third Quarter Press Release

Fourth Quarter Analysis Kit

Fourth Quarter Press Release

2011 Press Release

2011 Audited Consolidated Financial Statements

Year 2010

First Quarter Analysis Kit (3,296 KB)

First Quarter Press Release (1,608 KB)

Second Quarter Analysis Kit (3,673 KB)

Second Quarter Press Release (143 KB)

Third Quarter Analysis Kit (3,673 KB)

Third Quarter Press Release (143 KB)

Fourth Quarter Analysis Kit (3,631 KB)

Fourth Quarter Press Release (3,151 KB)

JFC 2010 Parent Audited FS with BIR and SEC Stamp

Year 2009

First Quarter (1,358 KB)

Second Quarter (1,759 KB)

Third Quarter (115 KB)

June 2009 Consolidated Financial Statements (1,419 KB)

2009 First Quarter Consolidated Financial Statements (5,449 KB)

2009 Second Quarter Consolidated Financial Statements (265 KB)

2009 Third Quarter Consolidated Financial Statements (2,831 KB)

Year 2008

First Quarter (125 KB)

Second Quarter (150 KB)

Third Quarter (30.8 KB)

Third Quarter Analysis Kit (80.0 KB)

Year 2007

2007 Consolidated Financial Statements (72 KB)

Fourth Quarter (793 KB)

Third Quarter (138 KB)

Second Quarter (480 KB)

First Quarter (356 KB)

Year 2006

Fourth Quarter (408 KB)

Third Quarter (386 KB)

Second Quarter (351 KB)

First Quarter (118 KB)

Year 2005

Fourth Quarter (407 KB)

Third Quarter (97 KB)

Second Quarter (147 KB)

First Quarter (568 KB)

Year 2004

Fourth Quarter (252 KB)

Third Quarter (329 KB)

Third Quarter Interim Press Release (95 KB)

Second Quarter (255 KB)

First Quarter (256 KB)

Year 2003

2003 Consolidated Financial Statements (737 KB)

Fourth Quarter (272 KB)

Third Quarter (273 KB)

Second Quarter (268 KB)

First Quarter (234 KB)

Year 2002

Fourth Quarter (273 KB)

Third Quarter (264 KB)

Second Quarter (263 KB)

First Quarter (239 KB)

Stocks and Dividends

JFC Historical Cash Dividend Declaration

2010 JFC Historical Stock Price

2009 JFC Historical Stock Price

2008 JFC Historical Stock Price

2007 JFC Historical Stock Price

2006 JFC Historical Stock Price

JFC Historical Stock Price (49 KB) – (From April 2004 to January 2006)

JFC Historical Stock Price (108 KB) – (From January 1997 to April 2004)

JFC Historical Cash Dividend (36KB) – (From August 1994 to May 2004)


Investor Information

Company Headquarters

8th Floor Jollibee Plaza
F. Ortigas Jr. Road (formerly Emerald Avenue)
Pasig City, Philippines
Telephone: (632) 898-8181

Common Stock

Jollibee’s common stock is listed and traded on the Philippine Stock Exchange under the symbol “JFC”. It is one of the companies which comprise the PSE Composite Index.

Shareholder Inquiries

Inquiries regarding dividend payments, account status, address changes, stock certificates and other pertinent matters may be addressed to the Company’s registrar and transfer agent:

Rizal Commercial Banking Corporation
Stock Transfer Office
RCBC Building
333 Gil Puyat Avenue
Makati City

SEC Form 17-A

The financial information in the report in this site, in the opinion of management, substantially conforms with the information required in the “17-A Report” submitted to the Securities and Exchange Commission. Copies of the report may be obtained free of charge upon written request addressed to the Office of the Corporate Secretary.

Other SEC Disclosures

Year 2018

Year 2017

Year 2016

Year 2015

Year 2014

Year 2013

JFC Annual Corporate Governance Report 2013

Year 2012

January 12, 2011 (142 KB)

May 15, 2011 (136 KB)

May 16, 2011 (85 KB)

August 22, 2011 (112 KB)

Year 2011

April 12, 2011 (98 KB)

April 13, 2011 (174 KB)

November 14, 2011 (181 KB)

Year 2010

October 26, 2010 (106 KB)

Year 2008

January 08, 2008 (69.7 KB)

January 28, 2008 (91.8 KB)

January 29, 2008 (68.7 KB)

February 12, 2008 (116 KB)

March 26, 2008 (83.1 KB)

April 08, 2008 (58.5 KB)

April 14, 2008 (106 KB)

April 21, 2008 (84.8 KB)

June 11, 2008 (49.5 KB)

June 27, 2008 (835 KB)

July 01, 2008 (87.2 KB)

July 08, 2008 (53.4 KB)

July 25, 2008 (105 KB)

August 01, 2008 (60.4 KB)

August 26, 2008 (100 KB)

September 08, 2008 (127 KB)

Have a Slice of Our Success

Joining the Jollibee Group is a winning investment. Through the years, we have developed into a company with the image that prizes customers above anything else. This is due to the fact that we are always up to date with current consumer trends, keeping a keen eye to what our customers are looking for. We constantly introduce new products, we keep in touch with our customers through various programs and promotion and we develop marketing campaigns that touch our customers’ sentiments.

At present, there are more than 900 Jollibee stores worldwide and more than half of these are operated by franchisees. However, demand does not wane and opportunities still abound in various markets both domestic and international. Jollibee operates more than 100 stores outside the Philippines and present in 8 countries- USA, Hong Kong, Brunei, Vietnam, Saudi Arabia, Qatar, Kuwait and Singapore.


Winning Investment

The Three B’s to Attaining The Company Vision

We at Jollibee have always envisioned the company to become the dominant fast food chain in all the territories we operate in. This vision is the compass that guides us in carrying out our three B’s:

Boost the standards of the fast food industry

Build brand satisfactions; and

Broaden our reach to customers

The #1 Employer in the Philippines

In a survey made by the Hewitt Associates, as cited in the Far Eastern Economic Review and The Asia Wall Street Journal, the Jollibee Group was the only Philippine Company that made it to the top 20 of Asia’s Best Employers list, ranking #16. We also ranked 3rd among Asia’s Most Admired Companies in 2000 and we were cited as #1 in Overall Leadership among Top Ten Philippine Companies. Recognizing our drive and our entrepreneurship, we were also named the “Global Growth Company” by the World Economic Forum. Moreover, we are recognized as The Most admired corporation in the Philippines by Asian Wall Street Journal Review 200 (formerly Far Eastern Economic Review 200) for 7 consecutive years (1998-2004)

Awards and Achievements:
Recognitions Conferred by Outside Institutions

  • Ranked 6th in the 2008 Finance Asia Poll for Best Managed Company and Best Corporate Governance.
  • Selected in 2006 as the Most Admired Company in the Philippine through a survey conducted by the Asian Wall Street Journal. This was the 8th consecutive year that JFC was chosen for that prestigious recognition.
  • Selected in 2005 as “The Best Consumer Goods Company in Asia” by Euromoney, a financial publication in London UK based on a survey of investment analysts and researchers in the region – on strength of its management, growth potential and quality of earnings.
  • Zenith Foods Corporation, the commissary plant of Jollibee, was adjudged the National winner of Meat Processing Plant AAA category in the search for Best Meat Establishment of the National Meat Inspection Service.
  • In 2011, Jollibee voted as Trusted Brands in the Family Restaurant Category for the second year in a row.In 2012, Travel + Leisure magazine names Jollibee as one of the world’s best fastfood chains

Other Recognitions:

  • “The Best Company in the Philippines” (for 7 consecutive years including the latest year of 2004) based on a survey conducted by the Asian Wall Street Journal 200 (formerly the Review 200)
  • “Overall Best-Managed Company in Asia” in 2004 in the medium market capitalization category based on a survey conducted by the Asia Money.
  • In 2004, JFC’s Chairman and CEO was named the Ernst and Young’s 2004 World Entrepreneur of the Year.
  • In 2010, Jollibee’s CFO Ysmael Baysa named as Finex’s CFO of the Year
  • In 2012, Jollibee was one of two Filipino companies cited in the Asean Business Awards as the “Most Admired Asean Enterprise” (Innovation category)

A Well-Loved Brand

While our awards and achievements already say a mouthful about us, the true test of success is how well we are loved by our consumers. Customer satisfaction has always been key to our success. Never losing sight of our goals, In the Philippines, Jollibee has grown to be one of the most recognized and highly preferred brands. We are now the market leader among fast food chains, claiming a market share that totals to more than half of the entire industry. Furthermore, Jollibee is expanding market coverage with the vision to be a truly global brand.

A Reputable Fast Food Chain Company

The Jollibee Group is a reputed leader and innovator in the fast food industry. Franchise opportunities with us comprise three market segments; namely the Chicken & Hamburger chain (Jollibee); the Pizza-Pasta fast food segment (Greenwich); and the Oriental Food market (Chowking). Recently, we have welcomed into our family, our latest acquisitions and master franchise in the Philippines — Red Ribbon, Mang Inasal and Burger King. In China- Yonghe King, Hong Zhuan Yuan and San Ping Wang. Furhermore Jollibee entered into a joint venture in Vietnam- Highlands Coffee and Pho 24.

Application Requirements





  • What are the qualifications of a Jollibee franchisee?
  • Following are qualifications Jollibee looks for in a franchisee:

  • An entrepreneur who is self-driven;
  • Knows how to motivate his people;
  • Willing to devote time to oversee the day to day operation of his restaurant;
  • Willing to undergo a full time training on restaurant operations;
  • Ability to fund the investment requirement.
  • How much is the investment required for a Jollibee restaurant?
  • The financial requirement depending on the final store size and facilities ranges from P35M to P55M.

  • What is included in the investment?
  • The investment includes the construction of the store, kitchen equipment and facilities, furniture and fixtures, air-con system, signage, and pre-operating expenses.

  • Does Jollibee provide financing for the franchise?
  • No. Jollibee does not provide any financing.

  • If I don’t have a site or a location can I apply for a franchise?
  • Yes, you can still apply, but only applicants with applied sites will be processed by Jollibee for now. In the meantime, Jollibee will include you in its data bank of interested applicants without applied sites.

  • Can a corporation apply for a franchise?
  • We award franchises to individuals only. Upon approval of the franchise, this individual can organize a corporation where he must have clear majority ownership.

  • How much is the return on investment?
  • The restaurant profitability is dependent on several factors such as sales, market potential, investment and the ability of the franchisee to control his operating expenses. Other questions on financial viability will be discussed only during the interview process.

  • What is the required lot size or floor area?
  • The size of the property required for a restaurant is dependent on the store model that will be developed in a particular market.

  • How long is the training program?
  • The franchisee is required to successfully complete a 3-month full time Basic Operations Training Program (BOTP) at a designated training store.

  • Who will provide the manpower to operate the restaurant?
  • Jollibee will assist the franchisee in the recruitment and training of its management team. However, this team will be employees of the franchisee who is responsible for their salaries and benefits while on training.

    Training Program

    There is a measure of comfort to be derived from the fact that a mother company or franchisor will provide continuing support to its franchisees.

    Even before a new Jollibee franchisee gets started with building his restaurant – he undergoes a Basic Operations Training Program (BOTP). This training is supplemented with other programs that will enrich the franchisee’s management and analytical skills needed in the operation of the restaurant.

    Other foundations necessary for a restaurant to take shape – such as store layout & design, equipment specifications, furniture & fixtures and construction management are among some of the major areas where Jollibee provides its support.

    In addition, creative advertising & marketing programs, product development, manufacturing & logistics facilities provide the framework to support its growing network of stores. Field personnel will render consulting services once the stores are operational.

    This exciting mix of profitability and initiating an influx of employment opportunities for the community has encouraged many entrepreneurs to establish franchises not just in Metro Manila but in the different provinces in the Philippines and in countries across the globe.

    Jollibee’s 29-year success is most definitively attributed to its franchising system and the quality of its franchisees. Jollibee franchisees uphold the company’s stringent standards in food quality and service.





    • What are the qualifications of a Jollibee franchisee?
    • How much is the investment required for a Jollibee restaurant?
    • What is included in the investment?
    • Does Jollibee provide financing for the franchise?
    • If I don’t have a site or a location can I apply for a franchise?
    • Can a corporation apply for a franchise?
    • How much is the return on investment?
    • What is the required lot size or floor area?
    • How long is the training program?
    • Who will provide the manpower to operate the restaurant?

    © 2020 Jollibee Foods Corporation. All rights reserved.