JFC bullish on China, global markets
newscatcher
2023-08-22 19:31
JFC bullish on China, global markets
MANILA  -Fast food billionaire Tony Tan Caktiong's Jollibee Foods Corp. (JFC) is stepping up expansion in key countries, including China and the United States, as it moves to beat earnings targets for the year. Jollibee chief financial officer (CFO) Richard Shin said on Tuesday they were undeterred by global headwinds, notably concerns over an economic slowdown in China, one of the company's core markets. 'We have not wavered on our long-term strategy [to grow] in geographic priorities of the Philippines, US and China,' Shin told reporters during a briefing.

https://business.inquirer.net/417226/jollibee-bullish-on-china-global-markets

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