Jollibee’s coffee portfolio powers Q2 recovery – but higher costs could constrain global ambitions

The Filipino foodservice group’s coffee brands delivered another quarter of rapid international growth as wider targets are cut

A Compose Coffee store in Gangnam District, Seoul, South Korea | Photo: Compose Coffee/Jollibee

The Filipino foodservice group’s coffee brands delivered another quarter of rapid international growth as wider targets are cut

Jollibee has reported record second-quarter profit as its international coffee portfolio continued to outperform, led by Highlands Coffee in Vietnam and South Korean value chain Compose Coffee.

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