18 Sep 2009

Higher profit expected by fast food company

3:34 pm on 18 September 2009

Restaurant Brands forecasts that its half-year profit will double to about $8.7 million.

The fast food company says the improvement is due to strong sales in its KFC outlets and a better performance by the Pizza Hut arm.

The company, which also operates the Starbucks chain, says it expects a full-year profit of $15 million, which would be 28% higher than the previous year.