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Figaro Coffee posts rise in quarterly earnings, hits record store count

By Inquirer - 9 months ago
MANILA, Philippines —Businessman Jerry Liu’s Figaro Coffee Group saw sales and profits rise during the second quarter of its fiscal year ending December last year. The company, however, missed a previous target to open 100 new stores following the strategic entry of food manufacturing giant Monde Nissin Corp. Figaro Coffee said 2023 was a “banner

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