McDonald’s bullish on outlook

Win-win partnership: (from left) F&N Ltd senior vice-president, marketing, non-alcoholic beverages, Khalid Alvi, Fraser & Neave Holdings chief executive officer Lim Yew Hoe, McDonald’s Malaysia managing director and operating partner Azmir Jaafar and McDonald’s Malaysia senior director, marketing and communications, Melati Abdul Hai at the launch of joint marketing partnership between F&N Beverages Marketing Sdn Bhd and McDonalds Malaysia. — Bernama

PETALING JAYA: McDonald’s Malaysia is confident of continuing its double-digit sales growth and is investing RM1.4bil to increase its outlets to 450 nationwide by 2025.

Managing director and operating partner Azmir Jaafar said it achieved year-on-year revenue growth of 16% last year, and was confident of continuing the trend this year.

He said McDonald’s Malaysia now has 262 restaurants and 12,000 employees serving 160 million customers annually.

“McDonald’s Malaysia is aggressively pursuing its expansion plan. Our committed investment of RM1.4bil over 10 years is a testament to our confidence in the future of the country,” he said after the launch of F&N Beverages Marketing Sdn Bhd and McDonalds Malaysia’s joint marketing partnership. — Bernama