Activity 1
JOLLIBEE FOODS CORP.
Jollibee depends on high customer traffic and tight operations management. It offers great service to the high volumes of people who patronize its outlets by functioning as a well-oiled machine with close tabs on daily operations.
The Unique Selling Propositions of the Jollibee brand are:
1) Fast, Good, Clean, Cheap food
2) Caters to local needs (Spicy patty)
3) Consistency, reliability over all its outlets.
In the nine-month period January to September 2013, JFC has opened a total of 137 stores: 93 in the Philippines, 31 in China, five in the US and eight in other parts of the globe. Philippine sales rose 10.5 percent in the third quarter while China improved its turnover by 21.9 percent, United States by 15.7 percent, and Southeast Asia and the Middle East by 34.7 percent, with total sales of foreign businesses growing 22.1 percent. Given the latest data, JFC said its net income climbed to P3.12 billion in the January to September period from P2.46 billion last year while system wide sales rose 12.4 percent to P75.22 billion from P66.91 billion.
AYALA CORP.
Conglomerate Ayala Corp. said net income during the nine months to September rose by 20 percent to P10.4 billion. The growth was driven by its real estate and banking units, the steady performance of its water business, and the sustained improvement in profitability of its international businesses. The performance of its business units resulted in equity earnings of P13.9 billion—26 percent higher year-on-year. The company recently announced the issuance of preferred shares worth P10 billion, proceeds of which would be used to prepay higher costing debt and ensure sufficient funding source for its planned investments.
AYALA LAND INC.
Results of Operations for the Nine Months Ended September 30, 2013
Ayala Land, Inc. (ALI or “the Company”) sustained its high growth trajectory in the first nine months of 2013 as net income grew by 30% to P8.60 billion