Breadtalk

Breadtalk: More insights from their AGM. - By 2016, BreadTalk’s total number of outlets is expected to be around 1,000 stores. By 2018, that figure is expected to be around 1,800 stores. From an existing 836 outlets right now, it doesn’t seem too difficult for BreadTalk to achieve this figure judging from their historical growth and success. If it indeed it turns out to be true, we should see an increase in sales and profit in the next five years. - Same store sales growth in China is growing at double digits! Should this trend continue, the expansion into China could prove to be as successful, or even more so, than BreadTalks’ current success in its Singapore home market. This is in line with BreadTalk’s strategy of diversifying risk and building China as its second core engine after the Singapore market. BreadTalk is planning to build Thailand as their third core engine after Singapore and China. Thailand’s Minor International (Mint), one of the largest hospitality and leisure companies in Asia, is a substantial shareholder of BreadTalk. Mint is likely to help BreadTalk speed up its market expansion into Thailand. In return, BreadTalk will provide their knowledge and skills in China to help Mint thrive in the Chinese market.