Australia's KFC operator Collins Foods ASX:CKF reported a sharp increase in annual profit on Tuesday, supported by new product launches and operational execution, sending its shares to a three-month high.

The company posted a net profit attributable of A$44.2 million ($30.43 million) for the full year ended May 3, compared with A$8.8 million for the year ended April 27, 2025, according to its exchange filing.

($1 = 1.4526 Australian dollars)