Pizza Hut Indonesia operator books 201% income growth

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Sarimelati Kencana, operator of the Pizza Hut chain in Indonesia, reported a 201% year-on-year growth in its H1 2021 net income to USD 2.2 million. While H1 revenue fell 7.1% to USD 117 million, the company successfully cut its cost of goods sold by 10% to USD 39 million. It also reduced sales costs...

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Arief Fachrudin
Managing Editor, Poultry & Meat Asia, Jakarta, Indonesia. Arief discovered interesting trends in the regional poultry industry during VIV Asia 2023 and shared them in ‘4 factors driving growth of poultry production in Asia’.