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Kopi Kenangan turns Ebitda positive in Malaysia, eyes new markets

The coffee chain currently has around 130 stores in the country

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    • Tirtanata believes Kopi Kenangan’s strategy of localising its products by adjusting recipes, flavours, and prices to match each market’s preferences could increase its chances of success.
    • Tirtanata believes Kopi Kenangan’s strategy of localising its products by adjusting recipes, flavours, and prices to match each market’s preferences could increase its chances of success. PHOTO: TECH IN ASIA

    Jofie Yordan

    Published Mon, Oct 27, 2025 · 09:37 AM

    INDONESIAN coffee chain Kopi Kenangan has turned Ebitda positive in Malaysia, three years after it first expanded into the country.

    Speaking to Tech in Asia at the sidelines of this year’s TIA Conference in Jakarta, Kopi Kenangan co-founder and CEO Edward Tirtanata said that he expects the firm to become Malaysia’s second-largest coffee chain by 2026.

    The company currently has around 130 stores in the country. It plans to close the year with 150 outlets before expanding to 200 in 2026.

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