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Jollibee Group Reports Strong Q1 2025, Fueled by Global Expansion with Strong PH and International Growth

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SINGAPORE – Media OutReach Newswire – 8 July 2025 – Jollibee Group (PSE: JFC), one of the world’s largest and fastest-growing food service companies, reported robust financial results for the first quarter of 2025, reflecting strong performance both in its Philippine and international markets including continued momentum in key Asian markets such as Singapore, Vietnam, and (West) Malaysia.

Jollibee Group Q1 2025 Financial Highlights show strong sales and revenue growth, with systemwide sales up 18.9% and revenue up 14.6% year-on-year.

Financial Data

Quarter 1 (Unaudited)

In PHP Millions Except for Per Share Data

% Change

2025 2024
System Wide Sales 103, 197 (US$ 1,757) 86,827 (US $1,478) 18.9
Revenues 70,226 (US$ 1,196) 61,304 (US$ 1,044) 14.6
Operating Income 4,809 (US$ 81.9) 4,091 (US$ 69.7) 17.6
EBITDA 9,776 (US$ 166.5) 8,949 (US$ 152.4) 9.2
Net Income 2,499 (US$ 42.6) 2,704 (US$ 46.0) (7.6)
Net Income Attributable to Equity Holders of
the Parent Company 2,406 (US$ 41.0) 2,617 (US $ 44.6) (8.1)
Earnings Per Share – Basic 2.069 (US$ 0.035) 2.244 (US$ 0.038) (7.8)
Earnings Per Share – Diluted 2.062 (US$ 0.035) 2.238 (US$ 0.038) (7.9)

For the quarter ending March 31, 2025, the Jollibee Group reported system-wide sales (SWS) of Php 103.2 billion (US$ 1.76 billion), an increase of 18.9% compared to Php 86.8 billion (US$ 1.48 billion) in the same period last year. Consolidated revenues grew by 14.6% year-over-year to Php 70.2 billion (US$ 1.20 billion). This growth was driven by a combination of 5.5% same store sales growth (SSSG), mainly from volume growth and new store contributions.

Same-Store Sales Growth (SSSG) in the Philippines rose by 8.5%, led by Mang Inasal (+15.9%), Red Ribbon (+11.1%), Jollibee (+8.6%), and Chowking (+6.2%). This drove an 11.9% increase in system-wide sales in Q1 2025, primarily fueled by higher transaction volumes. International SSSG grew slightly by 0.7%, with strong contributions from Europe, Middle East, Asia, and Australia (EMEAA) at +5.3%, North American operations of Asian brands—such as Jollibee, Chowking, and Red Ribbon—at +4.8%, Highlands Coffee +4.4%, Milksha +3.1%, and The Coffee Bean & Tea Leaf (CBTL) +2.8%. The China business declined by 8.3%, although Yonghe King showed sequential improvement in transaction count. Smashburger also posted an 8.0% decline in SSSG, mainly due to lower transaction volumes.

Jollibee Group Global President and CEO Ernesto Tanmantiong commented, “We are pleased with our first quarter performance, particularly the continued growth in international markets such as Singapore, where our brands are gaining deeper resonance with local and regional consumers. We are proud to see our brands thrive in diverse cultural settings affirming our belief in the global appeal of the Jollibee Group portfolio. We are also optimistic about the addition of another strong brand in our portfolio, Tim Ho Wan, which further strengthens our position in one of the world’s most dynamic consumer markets and supports our long-term international growth strategy.”

Jollibee Group’s international business saw system-wide sales (SWS) increase by 29.5%. This performance was significantly supported by the acquisition of Compose Coffee, which contributed 17.8% to the international business’ SWS growth. The Group’s Coffee and Tea segment—now comprising 45.4% of its international SWS—recorded a 62.2% increase, with Compose Coffee accounting for 49% of this growth.

Tim Ho Wan, now 100% owned by the Jollibee Group effective 02 January 2025, contributed to the international business’ growth in the quarter.

Flagship brand Jollibee system-wide sales rose by 13.9% globally, with standout performances in several international markets. The Philippines recorded 13.3% growth, China (Hong Kong and Macau) 12.9%, North America 10.9%, Southeast Asia 27.8%, the Middle East 12.9%, Europe 10.9%, and Guam 20.2%.

These results underscore the Jollibee brand’s growing global appeal and its positioning to win with consumers across diverse international markets. Singapore alongside other Southeast Asia markets continue to play an important role in the Group’s expansion, reflecting increased brand recognition and strong operational performance in the region.

Operating income grew by 17.6% to Php 4.8 billion (US$ 81.9 million), despite a 56.2% increase in advertising and promotions aimed at building brand equity and expanding market reach. The corresponding margin improved by 10 basis points due to higher gross profit levels and a modest rise in general and administrative expenses.

Net income attributable to equity holders of the Parent Company (NIAT) decreased by 8.1% to Php 2.4 billion (US$ 41.0 million), driven by higher below-the-line items. However, quarter-on-quarter, both operating income and NIAT increased by double digits. The year-over-year NIAT decline was largely due to non-operational factors.

Jollibee Group Global Chief Financial and Risk Officer Richard Shin commented, “We delivered strong revenue and operating income growth while investing meaningfully in brand building. Our disciplined execution and solid operational fundamentals helped us expand margins, even with elevated promotional spending. We remain confident in achieving our full-year 2025 guidance.”

As of March 2025, the Jollibee Group’s global store network increased by 44.3% year-over-year to 9,935 stores. This includes 3,393 stores in the Philippines and 6,542 stores internationally, comprising 560 in China, 361 in North America, 393 in EMEAA, 865 with Highlands Coffee primarily in Vietnam, 1,246 with CBTL, 340 with Milksha, 2,700 with Compose Coffee, and 77 with Tim Ho Wan.

The Jollibee Group’s performance in Q1 2025 reflects its focused execution and the strength of its global portfolio. The continued success in Southeast Asia, including Singapore, supports its ambition to become one of the top five restaurant companies in the world.

Corporate Action

On the corporate governance front, the Jollibee Group’s Board of Directors approved the declaration of a regular cash dividend of Php 1.33 (US$ 0.024) per share of common stock on April 14, 2025. The dividend was released on May 16, 2025, to shareholders of record as of May 2, 2025.

Forward-Looking Statement Disclaimer

The foregoing disclosure contains forward-looking statements that are based on certain assumptions of Management and are subject to risks and opportunities or unforeseen events. Actual results could differ materially from those contemplated in the relevant forward-looking statement, and the Jollibee Group gives no assurance that such forward-looking statements will prove to be correct, or that such intentions will not change. This Press Release discloses important factors that could cause actual results to differ materially from the Jollibee Group’s expectations. All subsequent written and oral forward-looking statements attributable to the Jollibee Group or person acting on behalf of the Jollibee Group expressly qualified in their entirety by the above cautionary statements.

Hashtag: #JollibeeGroup

The issuer is solely responsible for the content of this announcement.

About Jollibee Group

The Jollibee Group (PSE: JFC) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. Its portfolio includes 19 brands with over 9,900 stores across 33 countries.

The Jollibee Group’s portfolio includes nine wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and has recently invested in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Jollibee Group has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a three-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit

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Lambency Detailing Expands Its Footprint with New Bukit Batok Outlet, Growing Its Presence to Serve More Drivers Across Singapore

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22/01/2026

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SINGAPORE – Media OutReach Newswire – 22 January 2026 – Lambency Detailing, a name trusted by car owners across Singapore for its commitment to exceptional automotive care, is marking a significant new chapter. The company has officially opened its second outlet at WCEGA Plaza in Bukit Batok, making professional car grooming more accessible to clients in the west, just as demand is set to surge for Chinese New Year.

Recognised as the Sgcarmart Star Merchant from 2021 to 2026 and a SONAX Authorised Premium Detailer, Lambency Detailing blends world-class German technology with unrivalled workmanship. Led by IDA-certified professionals, the team brings deep technical knowledge and a long-standing reputation for transparent, quality service to every appointment. This expansion into Bukit Batok is a natural step forward for a company whose sole mission has always been to provide every car owner with peace of mind, fair pricing, and genuine care in a welcoming, no-pressure environment.

With the opening of its Bukit Batok outlet, Lambency Detailing is also introducing an expanded menu of services to meet the evolving needs of car enthusiasts and owners of premium vehicles. Launching in 2026, the team will offer dry ice treatment for gentle, effective cleaning without water or harsh chemicals, professional car spray painting using top-grade materials to restore any vehicle’s finish to showroom brilliance, to safeguard paintwork against chips, scratches, and environmental harm for the long term. It should be noted that advanced services such as dry ice treatment and professional spray painting are available exclusively at the Ubi outlet, where the team is equipped with the specialised technology and facilities required for these precision-driven solutions.

Lambency Detailing’s journey began with one simple frustration: the belief that car owners in Singapore should not have to compromise on price, quality, or service. Through years of refinement and the support of like-minded car owners, the company has grown into a centre of technical excellence, where clients receive truly personalised before-and-after care. Today, Lambency Detailing’s experience and dedication can be found at both of its conveniently located centres — its flagship Ubi outlet serving Singapore’s automotive hub in the east, and the newly opened Bukit Batok outlet at WCEGA Plaza for the west — ensuring that more drivers can embrace their festive journeys with vehicles that look and feel their absolute best.

“Our new Bukit Batok outlet represents a fresh chapter of growth for Lambency Detailing. By extending our presence to the west, we are doubling down on our commitment to technical excellence. We want our customers to experience a higher standard of transparency and quality as we evolve our service offerings for 2026,” says Matthew Lim, Director of Quantum Globe Pte Ltd, the company behind Lambency Detailing.

For this Chinese New Year and beyond, Lambency Detailing is ready to help every car owner drive forward with confidence, value, and peace of mind. Whether you are a first-time car owner or a collector of luxury vehicles, the Lambency promise remains the same: quality workmanship, honest pricing, and dedicated care at every step.

For appointments and more information, visit https://lambencydetailing.com/.

END

Lambency Detailing Locations:

  • Bukit Batok Outlet (Now Open)

1 Bukit Batok Crescent, #03-22 WCEGA Plaza, Singapore 658064
Tel: +65 8070 9008

  • Ubi Outlet

53 Ubi Avenue 1, #01-31 Paya Ubi Industrial Park, Singapore 408934
Tel: +65 9658 5808
Hashtag: #LambencyDetailing

The issuer is solely responsible for the content of this announcement.

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Paul Chan attends the World Economic Forum Annual Meeting in Switzerland; spotlights Hong Kong’s advantages as an international hub for trade and finance

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22 hours ago

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21/01/2026

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HONG KONG SAR – Media OutReach Newswire – 21 January 2026 – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), has joined about 3,000 world leaders attending the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland (January 19-23). During the WEF Annual Meeting 2026, themed “A Spirit of Dialogue”, Mr Chan attends, speaks and joins discussions at several keynote meetings, luncheons and dinners. He also meets with political, business and financial leaders to brief them on the latest situation in Hong Kong as well as the city’s new opportunities.

Mr Chan attended a breakfast reception hosted by virtual asset enterprise Animoca Brands, headquartered in Hong Kong, yesterday (January 20). Speaking at the meeting, Mr Chan said that Hong Kong adopts a proactive yet prudent approach to the development of digital assets guided by the principle of “same activity, same risk, same regulation” to promote responsible and sustainable market development. Since 2023, Hong Kong has issued licences to 11 virtual asset trading platforms, and a licensing regime for stablecoins is expected to be launched later this year. The Financial Secretary also noted the HKSAR Government’s leadership role in promoting tokenisation, including the issuance of three batches of tokenised green bonds amounting to around US$2.1 billion.

Mr Chan also engaged with a number of officials from different economies and regional organisations attending the WEF Annual Meeting, including Deputy Prime Minister and the Minister of Finance of Thailand, Mr Ekniti Nitithanprapas; the Secretary-General of the Cooperation Council for the Arab States of the Gulf, Mr Jasem Mohamed Albudaiwi; the Minister of Investment and Foreign Trade of Egypt, Mr Hassan El Khatib; and the State Secretary for International Finance at the Federal Department of Finance of Switzerland, Ms Daniela Stoffel. They exchanged views on the global political and economic landscape and issues of mutual concern, and explored opportunities to strengthen collaboration in areas such as trade, finance, industry development and digital transformation.

During a meeting with the Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, Mr Chan reiterated that Hong Kong, China firmly supports free trade and multilateralism, and expressed support for the WTO’s efforts to pursue reforms in response to current global challenges, with a view to enhancing its agility in addressing emerging issues in international trade.

HKSAR’s Financial Secretary Paul Chan (right) meets with the Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, in Davos, Switzerland

On arriving Davos (January 19), Mr Chan began his visit programme by meeting with the Minister of Economy of the Sultanate of Oman, H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.

Mr Chan said that Hong Kong’s advantages as a “super connector” could support Oman’s transitioning from an oil-driven growth model towards a more diversified economic structure. He said that Hong Kong could facilitate Chinese Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development. At the same time, Hong Kong’s status as an international financial centre in Asia could provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products.

Mr Chan will continue his programme in Davos, including participating at the 2026 Davos-Caixin CEO Luncheon and the “How to Finance Decarbonization?” session of the WEF Annual Meeting, before returning to Hong Kong on January 24 morning.


Hashtag: #hongkong #brandhongkong #WEF #internationalhub #trade #finance





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2026 Functional Food & Wellness Summit Successfully Concludes

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22 hours ago

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21/01/2026

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BANGKOK, THAILAND – Media OutReach Newswire – 21 January 2026 – On January 21, 2026, the two-day 2026 Functional Food & Wellness Summit (FFWS 2026) successfully concluded in Bangkok, Thailand. As an flagship annual event and benchmark hub in the global functional food sector, especially across the Asia-Pacific region, the summit fulfills the core mission of linking top global industrial resources and guiding the industry’s innovative development.

It gathered over 150 industry elites from more than 20 countries and regions, including China, Canada, the U.S., France, Italy, Spain, Australia, Thailand, Japan, Malaysia, India, Singapore, and Indonesia. Among them were core decision-makers and R&D leaders from global giants such as FeiHe, Morinaga, Mead Johnson, Suntory, Yili Group, Meiji, Amway, Health & Happiness (H&H), Mengniu Dairy, Rousselot, and Sirio. They engaged in in-depth discussions and precise resource matching around key industrial topics like policy compliance, technological innovation, and market expansion, consolidating consensus and injecting strong momentum for the high-quality advancement of the global functional food industry.

The summit was jointly guided by authoritative institutions, including the International Probiotics Association (IPA), the Asean Alliance of Health Supplement Associations（AAHSA）, the Malaysian Dietary Supplements Association (MADSA), the Japan Health Business Media, the Expert Nutraceutical Advocacy Council (ENAC®), and Coherent Market Insights. FeiHe served as the Diamond Sponsor, Morinaga as the Gold Sponsor, and Rousselot as the Presentation Sponsor.

During the two-day sessions, nearly 30 industry leaders delivered professional insights. George Paraskevakos, Executive Director of the International Probiotics Association, deeply interpreted the trends and challenges of microbiome innovation from the perspective and practice of the IPA. Pichit Pongsukvechkul, immediate Past President of Health Food and Supplements Association, detailed the latest regulatory dynamics of health products and functional foods in ASEAN, offering practical guidance for enterprises’ cross-border layout. Sandeep Gupta, Chief Founder of the Expert Nutraceutical Advocacy Council, focused on the overseas expansion paths of Indian and global nutraceutical brands, providing ideas for enterprises to tap into international markets. Leading businesses including Amway, Meiji, H&H and FeiHe delivered high-value keynote speeches at the conference, and the conference also arranged panel discussions focusing on core topics, which sparked a wealth of insightful ideas centering on hot issues such as technological innovation, market trends and compliance development.

The 2026 Functional Food & Wellness Industry Awards Ceremony drew wide attention. Centering on ingredient innovation, product R&D, and technological breakthroughs, the organizing committee honored outstanding businesses and products in niche tracks such as gut health, maternal and infant nutrition, bone health, immune protection, blood sugar management, sports nutrition, cognitive function, digestive health, and anti-aging, setting industry benchmarks. Representatives of winning businesses stated that the awards are recognition of their products and technologies, and will further inspire them to deepen innovation and enhance product quality and core competitiveness.

Fresh Milk Protein Ingredient Technology Innovation Award-Liquid Milk Protein-Heilongjiang Feihe Dairy Co., Ltd.

Breast Milk-Adapted Formula Technology Innovation Award-AceKid Plus Genugro Growing-up Formula-Heilongjiang Feihe Dairy Co., Ltd.

Annual Cognitive Function Product Award-Bifidobacterium breve MCC1274-Morinaga

Annual Probiotic Innovation for Glycemic Control Product Award-Mengniu Yourui Antangdun Probiotic Powder-Mengniu Dairy

Annual Probiotic Product Award-Biobor PROBIOTICS GUMMY BEARS- Biobor Health （Guangdong) Co., Ltd.

Annual Gold Award for Gut Health-Yili Health Science Changshi Probiotic Freeze-Dried Powder-Yili Group

Annual Liver Health Product Award-BElixz LIVCORE-BE International

Annual Immune Protection Excellence Award-Mengniu Yourui Huangjin Protein Powder-Mengniu Dairy

Annual Technological Innovation Pioneer Award-Mengniu Ruibuen EnZhi Infant Formula Milk Powder，Mengniu Ruibuen QinYi Infant Formula Milk Powder，Mengniu Ruibuen ChuAi Niu Niu Infant Formula Milk Powder-Mengniu Dairy

Annual Bone and Joint Health Product Award-Biobor D3+K2+Ca GUMMIES- Biobor Health （Guangdong) Co., Ltd.

Active Nutrient & Fresh Ingredient Formula Technology Innovation Excellence Award-Qicui Infant Formula Milk Powder, Jicui Infant Formula Milk Powder-Heilongjiang Feihe Dairy Co., Ltd.

Excellence Award for Infant & Toddler Fresh Formula Rice Cereal-Feihe Platinum Formula Rice Cereal-Heilongjiang Feihe Dairy Co., Ltd.

Annual Digestive Health Ingredient Award-SIRIO Apple Cider Vinegar AppOtics®-Sirio Pharma

Annual Gold Award for Protein Quality-Yili Health Science Immunoglobulin Protein Powder-Yili Group

Annual Technological Innovation Pioneer Award-Tribiosynsis®-Chambio

Annual Popular Product Flavor Award-Mengniu Yourui Selenium-Enriched High-Calcium Goat Milk Powder-Mengniu Dairy

Annual Bone and Joint Health Product Award-Mengniu Yimibaba Probiotic Drops-Mengniu Dairy

Annual Immune Function Product Award-BElixz SHIRUTO-BE International

New Generation Lactose-Free Milk Protein Innovation Breakthrough Award-FIRMUS Ranch Milk Protein Nutritional Powder-Heilongjiang Feihe Dairy Co., Ltd.

Active Nutrient & Fresh Ingredient Formula Technology Innovation Excellence Award-AceKid Optigrow Powdered Milk Drink-Heilongjiang Feihe Dairy Co., Ltd.

Annual Sports Nutrition Product Award-Biobor OXYPEAK GUMMIES- Biobor Health （Guangdong) Co., Ltd.

Innovation Gold Award for Bone Health-Bone Energy Formula Milk Powder-Yili Group

Annual Vision & Eye Health Product Award-BElixz I-VXION -BE International

Annual Healthy Snack Innovation Award -Mengniu Yimibaba Nutritional Milk Tablet，Mengniu Yimibaba Growth Nutritional Bar-Mengniu Dairy

Annual Health Protection Product Award-MeadJohnson AGIJOY Immunoglobulin Bovine Colostrum Powder-Mead Johnson

Breast Milk-Adapted Formula Technology Innovation Award-Qicui Infant Formula Milk Powder, Jicui Infant Formula Milk Powder-Heilongjiang Feihe Dairy Co., Ltd.

Musculoskeletal Health Innovation Award-Feihe Aiben Small Molecule Milk Protein Special Dietary Powder Series-Heilongjiang Feihe Dairy Co., Ltd.

Annual Cognitive Function Product Award-Biobor DHA GUMMIES- Biobor Health （Guangdong) Co., Ltd.

Gold Award for Blood Glucose Health-Digestible Sugar Milk Powder-Yili Group

Annual Weight Management Product Award-Mengniu Sosodaily Probiotic Powder Platinum Edition/Luxury Gold Edition -Mengniu Dairy

Infant Clinical Evidence Early Life Nutrition Excellence Award-Qicui Infant Formula Milk Powder, Jicui Infant Formula Milk Powder, Zhuorui Infant Formula Milk Powder-Heilongjiang Feihe Dairy Co., Ltd.

Excellence Product Award for Children’s Active Immune Protein-Feihe Lactoferrin Nutritional Powder-Heilongjiang Feihe Dairy Co., Ltd.

Annual Healthy Ageing Nutrition Ingredient Award-SIRTMAX-Tokiwa Phytochemical Co., Ltd.

Innovation Gold Award for Joint Health-Bone Energy Gold Formula Milk Powder-Yili Group

Annual Temperature-Controlled Freshness Locking & Native Nutrition Dual Excellence Innovation Award-Mengniu Pure Milk Powder -Mengniu Dairy

Arjun, the representative from Amway, said: “This summit featured a rich and diverse agenda, covering hot topics such as product R&D, marketing, and compliance, and provided a diverse and professional communication platform for participants from all sectors of the industry.”

Richard, the speaker from Meiji, mentioned that this was the first time he had attended such an industry summit on behalf of the company, and he stated plainly that the experience was highly rewarding and educatiional. He added that the summit had brought together top players in the industry, and many guest speakers delivered presentations with substantive content and profound insights, which offered significant practical reference value.

Solange Henoud, Vice-President Regulatory & Compliance of Lallemand Health Solutions, commented: “The event features numerous interactive sessions that enable in-depth communication and experience sharing. Through thematic discussions, roundtables, and other segments, we gained a comprehensive understanding of the latest developments in the functional food and nutrition health sector.”

After the summit, the FFWS Organizing Committee announced that it will confirm and release the date and venue of the 2027 Functional Food & Wellness Summit and subsequent related activities later this year. Please stay tuned for updates.

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