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Survey Shows Profitability of S. Korean Food Service Firms Abroad Fell Last Year

Survey Shows Profitability of S. Korean Food Service Firms Abroad Fell Last Year

SEOUL, May 30 (Korea Bizwire) — The number of South Korean food service firms in foreign countries rose 2.7 percent in 2017 from a year earlier, but their profitability deteriorated sharply due mainly to stiffer competition, a survey showed Wednesday. The survey released by the Korea Foodservice Industry Research Institute showed that 193 South Korean [...]