KFC In Cambodia Takes Hit as Losses Continue
Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in the six months through June. The losses are lower than the same period last year, when the company lost $836,000 in the first six months, the statement said. … The KFC franchise in Cambodia is operated by the Kampuchea Food Corporation Co. Ltd., a joint venture between QSR Brands and Royal Group, which is chaired by local businessman Kith Meng. …
