McDonald's Japan withdraws profit guidance after China food scare
date:Jul 30, 2014
ing to two existing suppliers in Thailand due to Japanese consumers' widespread distrust of food originating in China.

McDonald's Japan had forecast an operating profit of 11.7 billion yen ($115 million) for the full year to Dec. 31, up 1.5 percent from 2013, and net profit of 6 billion, up 17 percent.

For the six months to June 30 it reported a 50 percent plunge in operating profit to 3.5 billion yen and a 59 percent drop in net profit to 1.85 billion yen.

It also said on Tuesday it was cons
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06/27 20:32