JAKARTA Yosefardi) – PT Fast Food Indonesia Tbk (FAST), operator of Kentucky Fried Chicken (KFC) outlets, targets to book sales of Rp4.97 trillion in 2015, a 15.53% growth compared to Rp4.3 trillion estimated for this year.
Compared to 2013, FAST expects 5.8% growth in revenue for this year. Last year, it booked revenue of Rp4.12 trillion.
The company plans to add 40-45 ‘free standing’ concept branches and 20 units of KFC Box to offset 10% costs increase in developing regular outlets. Currently, KFC’s outlets cover 110 cities in Indonesia.
FAST booked revenue of Rp3.12 trillion in first nine months of 2014, grew by 7.8% from Rp2.89 trillion in the same period of 2013. While net profit declined 9.3% to Rp107.6 billion from previous Rp117.9 billion.