Scoop has an Ethical Paywall
Burgerfuel Invests for More Global Expansion
BURGERFUEL WORLDWIDE PRESS RELEASE
Friday 13th December, 2013
Burgerfuel Invests for More Global Expansion
BurgerFuel has experienced an exciting year of growth and opportunity as it scales up into its next phase of global development and roll out.
Group Operating Revenue is up 25.5% with BurgerFuel Total System Sales up 35.4% to a record $30M for the 6 month period.
In line with earlier advice that FY14 would be a year of investment into people and projects necessary to prepare the company for future growth, net profit after tax remains in the black at $95,691 for the period and the company continues to operate debt free.
The company said that this period’s lower net profit was a direct result of its decision to continue investment into major growth opportunities, globally. It said that it expected to announce significant company developments in the New Year.
To view the Preliminary Half Year Results announcement, please click here. [www.burgerfuel.com/investorinfo/pdf/press-releases/BFW-PRELIMINARY-HALF-YEAR-RESULTS-12-13.pdf]
ENDS
John Mazenier: Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
Earthquake Commission: Ivan Skinner Award Winner Inspired By Real-life Earthquake Experience
Reserve Bank: Consultation Opens On A Digital Currency For New Zealand
NIWA: Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New Research
New Zealand Customs Service: A Step Forward For Simpler Trade Between New Zealand And Singapore
Horizon Research: 68% Say Make Banks Offer Fraud Protection
