December 09, 2010

KFC: Gobbling up Profits Like a Turkey

Imagine this!


For the first nine months of 2010,KFC Holdings (M) Bhd has amassed an income of more than RM1.83 billion.

Since January 2010, 34 KFC restaurants have been built.By the end of 2010, another 38 more new KFC restaurants will open its doors to Malaysians. The investment outlay for the new restaurants is RM45 million. Then in 2011, another 25 restaurants will open at a development cost of RM60 million. Of these 15 will be drive-ins.

It cost  about RM3 million to build a KFC drive-in restaurant compared to RM1 million for a normal one.

Currently, KFC has 511 restaurants in Malaysia and more than 69 in Singapure, Brunei and India .Some  18,000 workers are employed by KFC.



According to an KFC spokesperson, "Apart from operating the KFC restaurants, the company is involved in retail activities through the supply network of chicken-based products under the Ayamas brand, the Ayamas Shop and Restaurant RasaMas.

"We are also involved in the breeding, processing and hatching of chicken eggs, apart from additional business such as a bakery and sauce production," he explained.

With more KFC outlets to be opened in India and Cambodia, the fortunes of KFC looks better with each passing year.

Currently, KFC trades at RM3.80 per share. It should go back to its peak at RM4.50 very soon.