KFC India operator Sapphire Foods posts quarterly loss
Source: AP
Sapphire Foods, the Indian operator of KFC and Pizza Hut chains, has swung to a consolidated loss in the fourth quarter, News.Az reports, citing Reuters.
The franchisee for U.S.-based Yum Brands reported a consolidated net loss of 126.1 million rupees (about $1.33 million) for the March quarter, compared with a profit of 17.9 million rupees in the same period a year earlier.
By Nijat Babayev
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