McDonald's Malaysia eyes RM3b sales this year

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McDonald's Malaysia eyes RM3b sales this year
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KUALA LUMPUR: McDonald's Malaysia aims to achieve RM3 billion in sales this year and plans to invest RM1.4 billion by 2025, said managing director and local operating partner Azmir Jaafar.

Last year, the fast-food restaurant chain posted a 19 per cent sales growth year-on-year as it focused on investments in areas including local menu offerings, digital segments and community ventures.

In 2017, it registered a 23 per cent y-o-y sales growth, 16 per cent in 2016 and 12 per cent in 2015. It also plans to open 20 new drive-thru restaurants this year to complement the existing 167 drive-thru restaurants. In December 2016, Saudi Arabia's Lionhorn Pte Ltd bought over the rights to McDonald's Malaysia and Singapore as the developmental licensee.

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