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AAP
AAP
Business
Jacob Shteyman

Domino's shares sliced as Asia fails to make dough

Domino's has revealed lower than expected profits with its foray into Asia hitting the bottom line. (Joel Carrett/AAP PHOTOS)

Pizza giant Domino's is committed to increasing its footprint in its struggling French, Japanese and Malaysian markets, despite a slow start to the financial year.

The Australian-based offshoot of the American fast food chain on Wednesday reported a 1.9 per cent drop in underlying net profit after tax to $120.4 million for the 2024 financial year.

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