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Article: A&W hopes to break even this year, post profit in 2010
- Article from:
- New Straits Times
- Article date:
- July 4, 2009
- Author:
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Sharen Kaur
New Straits Times
07-04-2009
A&W hopes to break even this year, post profit in 2010
Byline: Sharen Kaur
Edition: Main/Lifestyle
Section: Business Times
Type: Company
A&W (Malaysia) Sdn Bhd, a unit of KUB Malaysia Bhd, expects to turn around its business this year as it opens new outlets and refurbish existing ones.
Last year, A&W Malaysia posted a net loss of around RM5 million on revenue of RM42 million.
The loss-making company was bought by KUB in 2002 from TDM Bhd, the previous franchise holder for A&W.
The A&W brand was not successfully developed by TDM in Malaysia and its outlets were mostly focused in Sabah and Sarawak.
When KUB took over, it was still ...