Burger King, Tim Hortons power BKR to record revenue

BKR, the South Korean operator of Burger King and Tim Hortons, posted record revenue of nearly 900 billion won ($595 million) last year, crediting the increase to enhanced product competitiveness and operational improvements across both brands.

The company said Thursday it posted revenue of 892.2 billion won in 2025, up 12.6 percent percent from a year earlier, while operating profit rose 11.7 percent to 42.9 billion won, also a record high. Earnings before interest, taxes, depreciation and amortization rose 11.2 percent to around 106 billion won.

The company described the results as a three-pronged feat of revenue growth, improved profitability and stronger financial health. The company's debt ratio grew, but BKR said this was due to continued store expansion, with the investments simultaneously recorded as asset gains.

"In a challenging environment of intensifying competition, rising costs and currency pressures, this was no easy feat," said BKR CEO Lee Dong-hyeong. "It is a testament to the collective effort of our employees, franchisees and partners."

The company is billing this as a hinge moment for its Canadian coffee chain.

Tim Hortons Korea is sharpening its food offerings, preparing all menu items on-site through its in-store kitchens to stand apart in a crowded market, while also mining its Canadian roots for cultural appeal through campaigns drawing on icons like Anne of Green Gables.

Store expansion is also accelerating, with the chain planning to roughly double its footprint to around 50 locations this year, before adding 100 more over the following two years.

Burger King, meanwhile, will focus on trend-driven product development and expanding customer accessibility throughout the year.