Kyochon F&B Reports 15% Increase in Q3 Operating Profit to 15 Billion Won
Seasonal Factors of the Summer Peak Season and the Impact of the Olympic Boom
[Asia Economy Reporter Lim Hye-seon] Kyochon F&B, the operator of the chicken franchise brand Kyochon Chicken, announced its Q3 and Q4 earnings on the 12th through a public disclosure.
Kyochon F&B's consolidated sales for the third quarter of this year reached 130.7 billion KRW, a 16.3% increase compared to the same period last year, and operating profit rose 15.0% year-on-year to 15 billion KRW.
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A Kyochon F&B representative stated, "These results appear to reflect positive consumer sentiment, boosted by seasonal factors such as summer vacation and school breaks, as well as the Olympic-related demand."
This content was produced with the assistance of AI translation services.
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