Based on the income statement below, what does it say about JFC? How is the performance of the company based on its income statement from 2018-2020?

JFC INCOME STATEMENT (2018 - 2020) 2020 2019 2018 REVENUE Gross Sales 124,577,293.00 170,291,063.00 153,068,666.00 Sales Discount (3,332,250.00) (3,381,699.00) (2,867,840.00) Net Sales 121,245,043.00 166,909,364.00 150,200,826.00 Royalty, set-up fees and others (NOTE 20) 6,467,134.00 9,715,716.00 8,443,464.00 127,712,177.00 176,625,080.00 158,644,290.00 PFRS 15 impact on system-wide advertising fees 1,600,825.00 3,001,108.00 2,523,492.00 129,313,002.00 179,626,188.00 161,167,782.00 DIRECT COSTS 115,726,337.00 150,257,881.00 132,420,585.00 GROSS PROFIT 3,586,665.00 19,368,307.00 28,747,197.00 EXPENSES General and administrative expenses - net (NOTE 22) 23,754,221.00 18,906,734.00 15,460,619.00 Advertising and promotions 2,643,907.00 3,982,583.00 4,027,609.00 26,398,128.00 22,889,317.00 19,488,228.00 INTEREST INCOME (EXPENSE) (NOTE 23) Interest income 226,616.00 400,657.00 424,419.00 Interest expense (3,787,652.00) (3,187,298.00) (2,617,463.00) (3,561,036.00) (2,786,641.00) (2,193,044.00) EQUITY IN NET EARNINGS (LOSSES) OF JOINT VENTURES AND ASSOCIATES - Net (NOTE 11) (1,081,308.00) 23,384.00 (86,750.00) OTHER INCOME - Net (NOTE 23) 4,161,177.00 6,850,218.00 3,342,528.00 INCOME (LOSS) BEFORE INCOME TAX (13,292,630.00) 10,565,951.00 10,321,703.00 PROVISION FOR (BENEFIT FROM) INCOME TAX (NOTE 24) Current 1,546,619.00 3,255,664.00 2,822,092.00 Deferred (2,205,626.00 (200,494.00) (141,975.00) 659,007.00) 3,055,170.00 2,680,117.00 NET INCOME (LOSS) 12,633,623.00) 7,510,781.00 7,641,586.00 OTHER COMPREHENSIVE INCOME (LOSS) Other comprehensive income (loss) to be reclassified to profit or loss in subsequent periods: Translation adjustments of foreign subsidiaries (1,331,909.00) 428,818.00 666,867.00 Translation adjustments of foreign joint ventures and associates (NOTE 11) 69,126.00 (131,893.00) (382,259.00) Comprehensive income (loss) on derivative liability (NOTE 18) 83,239.00) (141,093.00) 70,903.00 (1,346,022.00) 155,832.00 855,511.00 Other comprehensive income (loss) not to be reclassified to profit or loss in subsequent periods Remeasurement gain (loss) on pension - net of tax (NOTE 25) (435,722.00) (657,396.00) 153,774.00 1,781,744.00) (501,564.00) 509,285.00 TOTAL COMPREHENSIVE INCOME (LOSS 14,415,367.00) 7,009,217.0 3,150,871.00 Net Income (Loss) Attributable to: Equity holders of the Parent Company (NOTE 28) (11,510,727.00) 7,302,726.00 8,212,608.00 Non-controlling interests (1,122,896.00) 208,055.00 (571,022.00) 12,633,623.00) 7,510,781.00 7,641,586.00 Total Comprehensive Income (Loss) Attributable to: Equity holders of the Parent Company (13,339,322.00) 6,748,918.00 8,685,959.00 Non-controlling interests (1,076,045.00) 260,299.00 (535,088.00) (14,415,367.00) 7,009,217.00 8,150,871.00 Earnings (Loss) Per Share for Net Income (Loss) Attributable to Equity Holders of the Parent Company (NOTE 28) Basic (10.445) 6.684 7.555 Diluted (10.433) 6.608 7.443