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Freemont Foods Corporation (Philippines)

Main Activities: Limited-Service Restaurants
Full name: Freemont Foods Corporation Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Freemont Foods Corporation is a Philippines-based company primarily engaged in the operation and management of limited-service restaurants under the quick-service restaurant (QSR) format. Headquartered in Pasig City, the company maintains its main administrative office at Jollibee Plaza in Ortigas Center and is part of the broader ecosystem of companies connected to the Jollibee Foods Corporation system. Freemont Foods manages franchised and affiliated fast-food outlets operating under the Jollibee brand, focusing on the provision of standardized quick-service dining experiences across its network. Its core business activities encompass restaurant operations, including front-of-house service, food preparation, crew management, and store-level marketing, as well as support functions such as administrative services and space leasing arrangements for offices supporting QSR operations. The company's restaurant portfolio offers the typical Jollibee menu mix of burgers, fried chicken, spaghetti, rice meals, breakfast items, desserts, and beverages, catering mainly to mass-market consumers and families. Freemont Foods' geographic footprint covers multiple cities and growth centers across the Philippines, with a concentration of outlets in key urban and regional hubs including areas in Cebu, Davao, Mandaue, General Santos, Iloilo, and other Visayas and Mindanao locations, thereby expanding the reach of the Jollibee brand beyond Metro Manila. Strategically, Freemont Foods aligns its operating standards with the Jollibee system's emphasis on quality, service, cleanliness, and value, and focuses on operational efficiency, crew training, and customer satisfaction. The company positions itself as a regional operating partner that supports the national and international expansion strategy of the Jollibee group by ensuring that its franchised territory consistently delivers brand-compliant products and services and maintains strong relationships with landlords, suppliers, and local communities.

Legal Address
6th Floor, Jollibee Plaza Building, 10 F. Ortigas Jr. Avenue, Ortigas Center, Pasig City
Pasig; National Capital Region; Postal Code: 1605

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
January 28, 1994
Key Executives
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President
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Other
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Other
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Corporate Secretary
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Treasurer
Ownership Details
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100%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
17.72%
Total operating revenue
15.28%
Operating profit (EBIT)
-30.87%
EBITDA
-30.87%
Net Profit (Loss) for the Period
-37.52%
Total Assets
7.66%
Total Equity
45.34%
Operating Profit Margin (ROS)
-3.06%
Net Profit Margin
-2.11%
Return on Equity (ROE)
-43.54%
Debt/Equity
-113.51%
Quick Ratio
0.1%
Cash Ratio
0.32%

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