FAST food chain operator QSR Brands Bhd plans to open 20 new outlets this year to further strengthen its lead in the segment, and at the same time help boost the group's earnings for 2008. At present, its brands such as Pizza Hut commands 70 per cent of the pizza market in Malaysia while KFC Holdings Malaysia Bhd which is 43 per cent owned by QSR has over 460 quick service outlets in Malaysia, Singapore, Brunei and Cambodia. In the first nine months ended September 30 2007, QSR recorded a net profit of RM48.8 million on a revenue of RM339 million.
(30-1-2008 New Straits Times)
