May 12 (Reuters) - Shakey's Pizza Asia Ventures Inc
PIZZA.PS :
* Q1 NET INCOME BEFORE TAX 40 MILLION PESOS, UP 22%
* QTRLY SYSTEMWIDE SALES 1.7 BILLION PESOS
* REMAIN OPTIMISTIC ABOUT OUR LONG-TERM PROSPECTS
Source text for Eikon: company coverage: PIZZA.PS