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Oct, 01 2006

Donut King eyeing Indian market

Retail Food Group plans to open another 23 Donut King stores over the next 13 months, driving growth in earnings for the company.

The company has mostly established stores along the eastern seaboard of Australia but says it would like to make inroads into other states and territories. It is looking further abroad, considering opportunities in Asia (India also) and New Zealand. The new stores would underpin bigger earnings with the group aiming to operate 500 stores further down the track.

Retail Food Group already operates 261 Donut King stores in Australia and plans to have 284 by the end of the 2006-07 financial year.

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