McDonalds Profits Up 27%

Whilst it would seem that Britain is slowly waking up to the effects of unhealthy junk food and poor diet after realisations that we are heading for 50% of the population likely to be clinically obese the world in general has not, as yet,applied the brakes on the high consumption of processed foods combined with lower levels of physical activity and the likely longer term health implications.

Meanwhile fast food chain McDonalds continues to be popular with a reported 27% rise in quarterly profits due mostly to strong sales in the Asian market and the weak dollar. Strong demand in Japan for its Mega Teriyaki sandwich and 24 hour drive through and breakfast availability in Australia have helped increase profits.

The increase was 11.4% in the Asian market whilst the USA showed only a 5.1% increase and Europe accounting for a 6.5% increase.

In July McDonalds had reported its second ever quarterly loss due to the sale of many of its outlets in Latin America and Caribbean countries.

Source

Photo by Joffley under this creative commons license

 

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