McDonald's, Last Year's Sales 995 Billion KRW... "Largest Since Entering Korea"

Operating Loss of 27.8 Billion KRW and Net Loss of 36.2 Billion KRW

Korea McDonald's announced on the 11th that its sales last year increased by 14.6% compared to the previous year, reaching 995 billion KRW, with direct-operated store sales nearing 1 trillion KRW.

McDonald's Gyeonggi Gwangju DT Branch.
[Photo by McDonald's Korea]

Including franchise stores as well as direct-operated stores, last year's sales amounted to 1.177 trillion KRW, surpassing 1 trillion KRW for the second consecutive year. This is the largest scale since entering the Korean market in 1988.

Last year's operating loss was 27.8 billion KRW, and net loss was 36.2 billion KRW.

A Korea McDonald's representative explained, "Despite ongoing increases in raw material prices and interest rates, we achieved double-digit sales growth by focusing on customer-centric activities and various eco-friendly investments. In particular, we are continuing investments in the domestic market by expanding the 'Taste of Korea' project that actively uses domestic ingredients, large-scale hiring of regular employees, producing staff uniforms recycled from plastic (PET), and introducing 100% electric bikes in direct-operated restaurants."

McDonald's, which opened three new stores in the first half of this year, plans to increase the number of stores to 500 by 2030.

This content was produced with the assistance of AI translation services.