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Item 11 . Other Events Please see attached Press Release re : 2021 3rd Quarter Financial Results . JOLLIBEE FOODS CORPORATION JFC Reports Php1.6 - Billion Profit in Q3 2021 Metro Manila , Philippines , November 8 , 2021 - Jollibee Foods Corporation ( PSE : JFC ) - Financial Results for the Third Quarter and Nine Months Ended September 30 , 2021 Following are the highlights of the financial results of operations of Jollibee Foods Corporation ( JFC ) and its subsidiaries for the third quarter and nine months ended September 30 , 2021 , based on its Unaudited Consolidated Financial Statements : Quarter 3 YTD September Financial Summary 2021 2020 % Change 2021 2020 % Change System Wide Sales 51,386 40,593 26.6 149,685 126,422 18.4 Revenues 37,201 29,965 24.1 108,571 92,729 17.1 Operating Income ( Loss ) 945 ( 3,348 ) N / A 3,807 ( 9,947 ) N / A EBITDA 4,953 1,385 257.7 15,639 ( 3,034 ) N / A Net Income ( Loss ) 1,359 ( 1,882 ) N / A 2,254 ( 14,453 ) N / A Net Income ( Loss ) Attributable to Equity Holders of the Parent 1,571 ( 1,580 ) N / A 2,699 ( 13,544 ) N / A Earnings ( Loss ) Per Share - Basic 1.418 ( 1.430 ) N / A 2.439 ( 12.303 ) N / A Earnings ( Loss ) Per Share - Diluted 1.417 ( 1.429 ) N / A 2.436 ( 12.286 ) N / A * Amounts in Php Millions , except % change and Per Share data Jollibee Foods Corporation ( JFC ) , one of Asia's largest food service companies disclosed today that its system wide sales , a measure of all sales to consumers , both from company - owned and franchised stores increased by 26.6 % for the third quarter and 18.4 % for the first nine months of 2021 compared to the same periods last year . Revenues grew by 24.1 % and 17.1 % for the third quarter and for the first nine months of 2021 , respectively . Same store sales in the Philippine business increased by 32.4 % in the third quarter of 2021 compared to the same quarter last year while the international business grew by 12.4 % . China grew by 2.9 % , North America by 19.6 % , Europe / Middle East / other parts of Asia by 8.8 % , and The Coffee Bean & Tea Leaf® ( CBTL ) by 20.0 % . SuperFoods declined by 53.1 % primarily due to heightened restrictions imposed in Vietnam to prevent the spread of COVID - 19 . Worldwide same store sales growth was 23.6 % versus the third quarter of 2020 . JFC generated a net income attributable to equity holders of the parent company of Php1.6 billion , a reversal from the Php1.6 - billion loss incurred in the same period last year on the back of a significant operating profit improvement of JFC's Philippine business , resulting from its Business Transformation program . EBITDA ( Earnings before interest expense , taxes , depreciation and amortization , an approximation of cash flow from operations ) continued to rise , from Php1.4 billion in Q3 last year to Php5.0 billion this year . Compared with pre - pandemic levels , total system wide sales and revenues in Q3 2021 were still lower by 10.4 % and 13.8 % , respectively versus Q3 2019. Operating income and net income attributable to equity holders of the Parent Company were lower by 28.3 % and 6.1 % , respectively and EBITDA was lower by 24.0 % .