FOODS AND QUICK SERVICE RESTAURANTS
DIVISION
KFC Holdings (Malaysia ) Bhd (KFCH)
The economic stability enjoyed by K FCH during the year has resulted in a 9.8% rise in revenue to RM2,522 million, up from RM2,297.4 million in 2009. The KFC Restaurants segment registered growth of 9.5% to RM1,888.1 million, attributable to a wider store network, effective marketing and promotion activities. The Integrated Poultry segment achieved revenue of RM533.4 million, a 10.2% increase on the previous year.
KFC Malaysia
KFC Malaysia reported record amounts of revenue in 2010 at RM1,496.9 million, a 9.6% increase from 2009. The revenue would have been slightly higher had it not been for 47 outlets being temporarily closed for image enhancements.
The Group’s ongoing restaurant image-enhancement programme continued with 47 restaurants being upgraded to improve ambiance. The programme is in line with the Group’s commitment to provide the best possible brand experience for the Group’s customers. As of 31 December 2010, K FC Malaysia had opened 40 new outlets bringing the total to 515 restaurants nationwide.
KFC Singapore
Singapore’s improving economy and increased levels of consumer spending helped K FC Singapore to achieve record high revenue of RM368.6 million, a 7.6% or RM25.9 million increase on the previous year.
As of 31 December 2010, K FC Singapore had opened 3 new restaurants with three closures, bringing the total number of stores across the island at 77.
KFC Brunei
In line with Brunei’s improving economy K FC Brunei’s year-end revenue increased to RM16.3 million, a 5.7% growth on 2009’s figure. As of 31 December 2010, the store count in Brunei remained consistent with previous year at 9 restaurants nationwide.
KFC Cambodia
The Group is particularly proud of K FC Cambodia’s performance as it took in revenues of RM11.4 million, a 26.7% increase over the previous financial year. This was despite a still uncertain economy and heavy flooding that affected a number of K FC restaurants
KFC India
The Group is encouraged by the results of the first year of operations of K FC India. A total of RM6.2 million in revenue was generated from K FC restaurants operating in the cities of Mumbai, Pune and Aurangabad.
As of 31 December 2010, K FC India had opened 5 new outlets; 3 in Mumbai and one each in Pune and Aurangabad, with another 2 acquired outlets in Pune, resulting in a total of 7 operating restaurants.
KFCH International College
Currently, approximately 200 students are undertaking studies at the Puchong campus of KFCH College. The college’s syllabus covers Hotel Management, Business Administration, Early Childhood Education, Information Technology and Electrical and Electronics Engineering. A number of graduating students will be offered employment within the Group. Upgrading works are underway at the campus which will result in sweeping infrastructural improvements, while a new syllabus more closely tied into the Group’s core business is under review from the Malaysian Qualifications Agency (MQA).