McDonald's Holdings Co. (Japan) said Friday it posted a net loss of 7.12 billion yen for 2003, with weak sales and heavy restructuring costs forcing the company into its second consecutive losing year.
Yet the nation's largest fast-food restaurant chain said it is confident of delivering a profit this year, pointing to monthly same-store sales that have stayed above year-earlier levels since November.
For the business year ended in December, the company's operating profit fell 28 percent to 2.84 billion yen on sales of 299.82 billion yen, down 6.5 percent.