16 Dec 2013

Burger King half year profit falls

10:34 am on 16 December 2013

Listed fast food chain Burger Fuel has reported a fall in half year profit, as it invested in the business to provide a solid platform for future growth.

The company's profit fell 68% to $96 million in the six months to the end of September compared with the same period a year earlier.

The company opened seven new stores over that time, and its sales rose 35.5% to a record $30 million while revenue increased 25.5% to $6.7 million.

Burger Fuel has 51 restaurants in New Zealand, Australia and the Middle East.