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AAP
AAP
Derek Rose

BIZARRE: Kfc franchisee takes hit as costs eat into profit - What They Never Told You

KFC and Taco Bell franchisee Collins Food announced earnings were down this quarter. (Russell Freeman/AAP PHOTOS)

Rising costs and flat sales have left KFC and Taco Bell franchisee Collins Foods taking a hit to its underlying profit.

The company announced on Tuesday it made $23.7 million in underlying net profit from continuing operations in the half-year to October 13, down 24 per cent from $31.2 million the year before.

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