System wide sales is the measure of the company's overall sales to consumers.
During the fourth quarter of 2013, the profit of JFC rose 20.3 percent to
Specifically, system wide retail sales of the listed company both from company-owned and franchised stores rose by 13.8 percent in the fourth quarter and by 12.8 percent in 2013, reaching
In the fourth quarter of 2013, JFC's system wide sales in
States by 17.2 percent,
"The company increased its sales by 12.8 percent, the highest organic sales growth in six years, enabling JFC to breach P100-billion sales mark for the first time. We grew profit by 24.5 percent, the fastest growth rate in seven years. Our progress in building the business has been taking place across our brands in different countries," Tanmantiong said.
"In the years ahead, we look forward to further strengthening our brands, and to accelerate our profitable growth by keeping our intense focus on the fundamentals of our business for benefit of our customers," he added.
JFC had revenues of
Spending a total of P4.1billion capital expenditures last year, JFC opened a total of 235 new stores.
For 2014, JFC allotted
This amount, according to the company, is more than double the same type of actual spending in 2013.
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