Burger King's earnings $US48.6m in Q4

Reported by AAP
Saturday, February 16, 2013
Australia's richest and poorest postcodesOne pocket of Sydney's eastern suburbs earn close to nine times more than those who live in the country's poorest area.

Burger King's fourth-quarter net income nearly doubled in part because of lower expenses and strengthening results in the US and Canada.

For the three months ended December 31, the hamburger chain earned $US48.6 million ($A47.18 million). That compares with $US25 million a year earlier.

Revenue fell 30 per cent to $US404.5 million from $US580.6 million. Analysts forecast revenue of $US375.3 million.

Burger King Worldwide Inc. has more than 12,900 locations in 86 countries and territories.

04/07/2015 09:40Sydney, Australia. 4 July,2015
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