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

HAND-PINCHED STYLE® Sausage and Beef Toppings

http://global.networldalliance.com/new/images/products/6785.png

6785/HAND-PINCHED-STYLE-Sausage-and-Beef-Toppings

Standard coffee

http://global.networldalliance.com/new/images/products/6963.png

6963/Standard-coffee

Mobile Ordering

http://global.networldalliance.com/new/images/products/5933.png

5933/Mobile-Ordering

Leapfrog POS App

http://global.networldalliance.com/new/images/products/4559.png

4559/Leapfrog-POS-App

Restaurant Sales Builder

http://global.networldalliance.com/new/images/products/4286.png

4286/Restaurant-Sales-Builder

DriverSafe

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

1424/DriverSafe

Pepperoni

http://global.networldalliance.com/new/images/products/6787.png

6787/Pepperoni

Put your menu in your customers' pocket

http://global.networldalliance.com/new/images/products/1293.png

1293/Put-your-menu-in-your-customers-pocket

See the latest in restaurant POS

http://global.networldalliance.com/new/images/products/1926.png

1926/See-the-latest-in-restaurant-POS

Food Cost Management

http://global.networldalliance.com/new/images/products/6401.png

6401/Food-Cost-Management

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.