REFILE-Manila's Jollibee Q1 net income down 9.6 pct on yr

(Refiles with correct date)

MANILA, May 16 (Reuters) - Three months ending March 31, 2008.

(in million pesos unless stated)

Net income 479.65 vs 530.67

Revenue (billion) 9.99 vs 8.70

Gross income (billion) 5.14 vs 4.64

Net operating income 665.79 vs 692. 87

Earnings per share (peso, basic) 0.47 vs 0.53

Note: Jollibee Foods Corp is the Philippines' largest fast food chain, beating McDonalds (MCD.N) and KFC (YUM.N) locally. Apart from its flagship chicken and burger outlets, the company also owns chains of bakeshops, Chinese fastfood restaurants, and pizza and pasta stores both in the Philippines and overseas.

($1 = 42.6 pesos) (Reporting by Rosemarie Francisco)