Philippines F&B

This could reach $20b from $9.2b in 2021. 

It will feature food brands, such as Balai Pandesal, and Ling Nam, amongst others.

This is the first Japanese food chain under the Jollibee Group.

Its earnings reached P2.8b from P976m.

The company reported a net income of P5.3b.

Its net income amounted to P1.96b during the quarter.

Its net income after tax stood at P250m.

Yoshinoya currently has more than 2,000 locations across the globe.

The IPO raised P203.8m.