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BurgerFuel reports an 122% increase in profit
Shares numbers on a solid six months of growth and increased revenue.
BurgerFuel announced last week that its net profit after tax in the period is $213,215, a 112% increase from last year.
According to the chain, the Group Operating Revenue was up 27.1% to $8.5M with BurgerFuel Total System Sales up 29.4% to a record $38.6M for the 6 month period. System sales growth continues and BurgerFuel rolling weekly system sales are now in excess of $1.5M per week.
The Directors remain very positive about BurgerFuel’s future and have management focused on increasing revenue through the opening of more restaurants and generating larger system sales year on year.
