ST Group Food Industries prioritizes Australia for profitable growth
Bitget2026/10/21 09:41- ST Group Food Industries will prioritize resources for Australian expansion, targeting central kitchen economies of scale and a broader brand portfolio.
- Future capital allocation will reflect market conditions, outlet profitability and expected investment returns; New Zealand expansion will focus on selected brands.
- Profitability initiatives will target outlet performance, gross margins and operating efficiency, including menu reviews, more competitive procurement and tighter overhead controls.
- New outlet openings will depend on commercial viability and expected returns; Onimusubi requires further assessment before broader expansion.
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