KUALA LUMPUR : McDonald’s Malaysia seeks to achieve RM3 billion in profits this year and plans to invest RM1 .4 billion by 2025 , said managing director and near by operating partner Azmir Jaafar.
“We are investing RM1.4 billion starting from 2016 until 2025, and still have about RM1 billion for this year onwards,” he said, adding that the company invested RM200 million over the past two years.He said the company’s growth is expected to remain in the double digits.
“I would say we moderate at 15 per cent,” Azmir told a media briefing on the company’s updates, here today.
In 2017, it registered a 23 per cent y-o-y sales growth, 16 per cent in 2016 and 12 per cent in 2015.
Azmir said the company aims to open 170 new restaurants nationwide by 2025, remodel more than 200 restaurants and create 10,000 new jobs.
“The drive-thru business has become a critical component of McDonald’s business strategy to elevate its market leadership,” Azmir said.