Wednesday 28 March 2012

QSR to invest RM10m for 20 Pizza Hut delivery outlets

KUALA LUMPUR (March 28): QSR BRANDS BHD [] will spend up to RM10 million to open another 20 Pizza Hut Delivery (PHD) outlets nationwide by year-end as part of its expansion plan, said managing director, Jamaludin Md Ali.

"As of Feb 21 last year, we have 42 PHD outlets, which contributed about five per cent to our 2011 revenue of RM20 million," he said at the PHD concept launch here on Wednesday. QSR is the operator of the PHD chain of stores in Malaysia.

Jamaludin said the delivery arm of Pizza Hut has a lot of potential and QSR expected a double-digit growth in revenue this year.

On sales, he said, 70 per cent came from the delivery business and 30 per cent from take-away.

"We also see a potential in online ordering, which made up five per cent of the delivery business. In Hong Kong, Taiwan and Singapore, online ordering made up over 20 per cent of their businesses," he said.

For Pizza Hut's dine-in outlets, Jamaludin said, the company planned to invest another RM10 million to set up another 10 in the country.

"For overseas, we plan to open another one or two outlets in Singapore," he said.

Jamaludin expected Pizza Hut to sustain its good sales in the future despite Bank Negara Malaysia's projection of four to five per cent growth in the country's economy.

On the Johor Corp buyout deal, Jamaludin said announcements would be made soon. - Bernama



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