KFC China sales crash 36% in April on bird flu fears

Sales of fast food giant KFC in China slumped an estimated 36 percent last month, according to parent Yum! Brands, as consumers shunned chicken due to the H7N9 bird flu outbreak in humans.

Sales of fast food giant KFC in China slumped an estimated 36 percent last month, according to parent Yum! Brands, as consumers shunned chicken due to the H7N9 bird flu outbreak in humans.
Philippine Long Distance Telephone Co. (PLDT), the country’s largest telecommunications provider, noted a surge in mobile Internet revenues as more subscribers bought smartphones and tablet computers.
Strong vehicle sales in the first quarter has prompted the Chamber of Auto Manufacturers in the Philippines Inc. (Campi) to increase the sales target for this year.
Subaru, Audi and Mitsubishi reported their best sales performances during the first four months of the year. Motor Image Pilipinas Inc. (Mipi), the exclusive distributor of Subaru brand of vehicles in the Philippines, registered a record-breaking 94-percent growth after selling 577 units, compared to the 297 units sold in the same period of last year.
The Philippine auto industry is expected to get a major boost this year as the country’s economic growth continues to drive up vehicle sales. Board of Investments (BOI) Executive Director Lucita Reyes said Thursday that higher car sales would not only lead to big paydays for car distributors, but would also help revive the [...]
Bentley Motors bared positive financial results for 2012, reporting a significantly increased operating profit of 100.5 million euros compared to 8 million euros in 2011. Bentley boosted its total turnover by 29.9 percents, with its profit margin increasing by 7 percent.

Nissan said Wednesday it expects to pick up market share in the all-important US market this month, but it still remains far from its target.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Trucks Manufacturers Association of the Philippines (TMAP) on Monday reported a 42-percent surge in sales in the first two months of the year to 26,588 units from 18,718 units in the same period last year, with Toyota maintaining its top spot.
Overall sales of Ford Philippines doubled in February, jumping 108 percent year-on-year to 865 units.
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Laguna-based based semiconductor manufacturer Cirtek Holdings Philippines Corp. sees first quarter net profit and sales revenues rising by 10 percent year-on-year just on the strength of its existing business portfolio.
Mitsubishi Motors Philippines Corp. (MMPC) aims to keep increasing sales in the Philippines and reach a target of about 50,000 units by 2015, officials said.