A new report from the China Cuisine Association shows that revenue from the largest restaurant chains in that country was up 16.5 percent in 2012. Yum! Brands Inc. is the largest restaurant operator in China, with revenue up 24 percent in 2012, to almost $6.9 billion. This amount, according to the report, represents more than 50 percent of the company's total revenue.

The top 100 restaurant operators generated ¥185.06 billion (about $30.2 billion) in revenues in 2012. This was a 16.5 percent jump from 2011.

The growth was 3.2 percent faster than the industry average, however the growth rate is slowing and was 11.5 percentage points slower than the top 100 pace from 2011.

Additionally, the top 100's net profit margin fell to a multiyear low of 7.73 percent, down 3.8 percent from 2011.

McDonald's was not on the list because it did not provide data.

The report states that conditions are expected to be more difficult this year, with rental and labor costs up.

Read more about restaurant trends.

Related Content

User Comments – Give us your opinion!
Products & Services

DriverSafe

http://global.networldalliance.com/new/images/products/keyboard_iix.gif

1424/DriverSafe

Cured Meats

http://global.networldalliance.com/new/images/products/6791.png

6791/Cured-Meats

Distribution RFP’s & RFQ’s

http://global.networldalliance.com/new/images/products/6411.png

6411/Distribution-RFP-s-RFQ-s

Restaurant technology news, trends & best practices

http://global.networldalliance.com/new/images/products/5079.png

5079/Restaurant-technology-news-trends-best-practices

Custom Digital Signage Templates

http://global.networldalliance.com/new/images/products/6683.png

6683/Custom-Digital-Signage-Templates

Meatballs

http://global.networldalliance.com/new/images/products/6789.png

6789/Meatballs

PeopleMatter SCHEDULE™

http://global.networldalliance.com/new/images/products/4628.png

4628/PeopleMatter-SCHEDULE

Mexican-Style Meats

http://global.networldalliance.com/new/images/products/6795.png

6795/Mexican-Style-Meats

Remote Service | Content Management Service

http://global.networldalliance.com/new/images/products/6685.png

6685/Remote-Service-Content-Management-Service

iiX Custom Points Program

http://global.networldalliance.com/new/images/products/custompoints.gif

1423/iiX-Custom-Points-Program

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.