Restaurant Brands New Zealand Ltd. reported un-audited earnings results for the half year from March 1, 2009 to September 14, 2009. Store sales revenue from the continuing operations was NZD 169,675,000 compared to NZD 162,262,000 of previous year period. Total comprehensive income for the half year attributable to shareholders was NZD 9,123,000 or NZD 9.13 basic and diluted earnings per share from continuing operations compared to comprehensive income for the half year attributable to shareholders of NZD 2,568,000 or NZD 2.69 basic and diluted earnings per share from continuing operations for the same period last year. Total operating revenue was NZD 169,939,000 against NZD 162,507,000 for the same period last year. EBIT was NZD 13,448,000 compared to NZD 6,041,000 for the previous year period. EBIT before non-trading was NZD 13,980,000 compared to NZD 9,269,000 for the previous year period. Profit before taxation was NZD 12,616,000 against NZD 3,587,000 for the comparable period last year. Net cash from operating activities was NZD 23,358,000 against NZD 10,496,000 of previous year period. Investments on purchase of property, plant and equipment was NZD 4,365,000 compared to NZD 4,949,000 for the same period last year. Profit after taxation from continuing operations was NZD 8,871,000 against NZD 2,609,000 last year. The Group had capital commitments totaling NZD 5.4 million against NZD 0.7 million last year, which are not provided for in these financial statements. The improved profit performance and stronger balance sheet has led the company to declare an interim dividend of 4.5 cents per share, 50% up on last year. The dividend will be paid on November 20, 2009 to all shareholders on the register at 5pm on November 6, 2009. For overseas shareholders, a supplementary dividend of 0.79412 cents per share will be paid at the same time. The company anticipates that it will make a full year profit (excluding non-trading items) in the vicinity of NZD 15 million for fiscal 2010.

Restaurant Brands New Zealand Ltd. provided earnings guidance for the first half year ended September 14, 2009 and full year of fiscal 2010. The company announced that it now anticipates its half year net profit after tax (excluding non trading items) for the 28 weeks ended September 14, 2009 to be in the vicinity of $8.7 million. This will be a $4.1 million (or 87%) increase on the first half last year's result. The improved profitability largely arises from sustained strong sales growth in the KFC brand and a continued turnaround in the financial performance of the Pizza Hut business. The full year result is anticipated to be in the vicinity of $15 million, which is also an improvement on prior year's $11.7 million. The company will be rolling over a strong second half result for the prior year and hence the second half performance lift for the current year is not expected to be as strong.

Restaurant Brands New Zealand Ltd. announced that it has accepted the previously highlighted formal resignation of Shawn Beck as a director of the company at on June 25, 2009 board meeting. Shawn's resignation will take effect as of from 26 June 2009.