Pizza Hut 2005 Annual Report Download - page 10
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Please find page 10 of the 2005 Pizza Hut annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Nowhereelseintheworlddowehavethekindofunprecedented
opportunityforexpansion,thaninChina.Until1992,Chinawas
notreallyopentoforeigninvestmentandsomeofthemost
importantingredientsnecessaryforlong-termbusinesssuccess
werenotinplace.Withnoexistinginfrastructureandimports
prohibitivelyexpensive,wehadtobuildeverythingfromscratch.
Today,thepowerofYum!RestaurantsChinahasneverbeen
moreevident.In2005weopeneduparecord400+newunits.
Thismakesus,byfar,thelargestrestaurantcompanywithover
1,900KFCsandover300PizzaHutrestaurantsservingup
deliciouschickenandpizzas.Together,we’reinover360Chinese
citiesandineveryprovince.Ourteamisenergizedbythepotential
wehavetodayinChinabecauseweknowwearepositionedfor
growth.Weknowit’sjustthebeginningforanevenbigger
businesstocome.
SamSu
PRESIDENT,YUM!RESTAURANTSCHINA
(MAINLANDCHINA,THAILAND
ANDKFCTAIWAN)
Aworldof
opportunity:
China
8. | Yum!Brands,Inc.