|
|
Article: Secret Recipe expects 2007 revenue to hit RM100m
- Article from:
- New Straits Times
- Article date:
- November 6, 2006
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
Ooi Tee Ching
New Straits Times
11-06-2006
Secret Recipe expects 2007 revenue to hit RM100m
Byline: Ooi Tee Ching
Edition: Main/Lifestyle
Section: Business Times
Type: Company
SECRET Recipe Cakes & Cafe Sdn Bhd expects revenue for 2007 to hit RM100 million, fuelled by aggressive expansion in China and the inflow of franchise fees from New Zealand and the Phillipines.
Last year, it posted revenue of close to RM70 million and expects 30 per cent growth to RM90 million for 2006.
The homegrown brand, which was established in 1997, has 132 outlets throughout South-East Asia.
"Next year should be good when we open eight outlets in Shanghai, China. We expect the company to post RM100 million in ...