Pancake House posts 3% earnings growth in Jan.-Sept.

Restaurant and commissary sales and franchise income boosted Pancake House Inc. earnings in the first nine months. Pancake House said earnings improved by 3 percent to P43.79 million on a 9-percent increase to P1.484 billion in consolidated revenues. "The growth [in revenues] was primarily driven by the increase in Pancake House sales and the contribution of Yellow Cab amounting to P107.84 or 9.81 percent to the total restaurant sales," the company said. Costs and expenses rose to P1.42 billion from P1.30 billion. Pancake House brands include Dencio's, Teriyaki Boy, Le Couer de France, The Chicken Rice Shop, Sizzlin' Pepper Steak and the newly acquired Yellow Cab. — CMA/VS, GMA News