JAKARTA, thekabarnews.com—PT Fast Food Indonesia Tbk (FAST), the operator of KFC restaurants in Indonesia, has received the resignation of Director I Justinus Dalimin Juwono amid an ongoing effort to restore profitability.

The Indonesia Stock Exchange-listed company, which trades under the ticker FAST, received Juwono’s resignation letter on August 27, 2026. Juwono oversaw the company’s finance function.

“We hereby announce that the company has received a resignation letter from Mr. Dalimin Juwono as Director I, which the company received on August 27, 2026,” FAST said in its stock-exchange disclosure, as reported by Pasardana.

The company did not disclose his reason for stepping down. FAST said the resignation had no material effect on its operations, legal position, financial condition or business continuity.

Under OJK Regulation No. 33/2014, a listed company must hold a general meeting of shareholders to decide on a director’s resignation within 90 days of receiving the request. FAST said it would announce the meeting schedule later.

The meeting will formally consider Juwono’s resignation. However, the disclosure reviewed for this report did not confirm whether shareholders will appoint a replacement at the same meeting.

The leadership change comes as FAST reports improved—but still negative—financial results for the first half of 2026.

Revenue rose about 16.1 percent year on year to approximately Rp2.79 trillion, compared with Rp2.40 trillion in the first half of 2025.

The net loss attributable to owners of the parent narrowed by about 59 percent, from Rp138.75 billion to Rp56.74 billion.

The company also reduced its operating loss to Rp32.42 billion from Rp143.18 billion a year earlier. These results indicate that higher sales and cost controls have reduced the scale of FAST’s losses.

The figures do not yet establish a full financial recovery. Cost of sales increased more quickly than revenue, rising to Rp1.23 trillion from Rp961.44 billion.

The change led to an increase in gross profit but a decrease in gross profit margin.

FAST reported total assets of Rp5.16 trillion at the end of June, while liabilities reached Rp4.75 trillion.

The group operated 682 restaurants, down from 690 at the end of 2025, according to its first-half financial data.

The company previously said it was controlling costs and improving supply-chain efficiency across its restaurant network.

FAST Director Dio May Avico said the company would continue taking a measured approach to changing market conditions while keeping products affordable for consumers.

Juwono’s departure adds a governance transition to that recovery process. Investors will now watch whether FAST can maintain its revenue momentum, protect margins and return to profit while shareholders consider the future composition of its board.