JAKARTA - PT Sari Melati Kencana Tbk (PZZA) has opened its 500th outlet located in Golden City, North Bekasi on November 7.
Steven Christopher Lee, President Director of PZZA said, "We are very proud to be able to present the 500th Pizza Hut outlet in Indonesia. We are pleased to share this achievement with every party involved, including our partners, suppliers, shareholders, and dedicated employees. We are also very grateful for the support and love of our consumers in Indonesia."
As of November 2019, PZZA has opened 50 outlets consisting of 25 outlets in Jabodetabek, 12 outlets in Java & Bali, 8 outlets in Kalimantan, 3 outlets in Sulawesi and 2 outlets in Eastern Indonesia.
For information, this year the company has budgeted capital expenditure (capex) of Rp 450 billion for expansion. Until the end of September, the usage of capital expenditure has reached Rp 272 billion with a net profit margin of 5.1%. (LM)