Max’s Group unprofitable in Q1
Leading local casual dining chain Max’s Group Inc. (MGI) turned unprofitable in the first quarter due to to disruptions caused by the coronavirus (COVID-19) pandemic, prompting the group to streamline…
Jollibee unprofitable in Q1, bleeding seen to worsen
Fast-food giant Jollibee Foods Corp. turned unprofitable in the first quarter as the coronavirus pandemic bludgeoned its restaurants in China, the Philippines and other overseas markets. JFC incurred a three-month…