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Burgerfuel Profit$ Heading up!
Burgerfuel Profit$ Heading up!
25 November 2011
Today, BurgerFuel Worldwide (BFW) announced its Preliminary Half Year Results - reporting unaudited profits of $224,554 for the six months to 30 September 2011. This is a turnaround of over $400,000 from the previous year’s results for the same period where a loss of ($219,022) was reported.
To view the Preliminary Half Year Results announcement and letters from BurgerFuel Chairman, Peter Brook and CEO, Josef Roberts – please click here or visit http://www.burgerfuel.com/investorinfo/pdf/BFW-Preliminary-Results-25-11-11.pdf .
The company now has 6 stores in the Middle East across Dubai and Saudi Arabia and has established new Master Licence agreements for Egypt and Iraq as well as a new Joint Venture agreement for Abu Dhabi.
Closer to home, BurgerFuel also announced that it is now accepting applications for new franchisees and sites, where opportunities for expansion are still available within main centres such as Auckland, Wellington and Christchurch.
BurgerFuel Worldwide (BFW) has been publicly listed on the NZ Stock Exchange as a NZAX company since 2007 and is part of the NZ Trade & Enterprise Beachheads programme designed for high-growth NZ companies.
ENDS
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