The Business Times
business-time-50
SUBSCRIBERS

Kopi Kenangan turns Ebitda positive in Malaysia, eyes new markets

The coffee chain currently has around 130 stores in the country

Summarise
google-preferred-sourceAdd BT as a preferred source
阅读简体中文版 (beta)
    • 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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    F&BKopi KenanganTech In AsiaTech in Asia

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Sales have rebounded in March after the year-end lull and seasonal Chinese New Year pullback.

    Near sell-out launches in March boost developer sales to 1,300 units after four slow months

    US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

    China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

    Lim's pay package includes about S$3.6 million as salary and around S$3.9 million as bonus, indicates the company's annual report.

    Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More