Burger King Holdings Inc. (NYSE: BKC) has reported a better numbers for the quarter compared to estimates of technical analysts. Burger King is second biggest burger chain in the world. The company has shown great performance compared to the same quarter last year.

In an official state, the company has informed that the fourth quarter net profit stood at $36m. The company has posted a loss of $10m for the same quarter last year. The quarterly results include a $7 million charge due to the termination of its lease for a new headquarters

Miami-based Burger King said revenue rose 11% to $590m. The company performed better due to higher sales at late-night and breakfast hours. The company also opened hundreds of new restaurants and increased its reach. The timings of restaurants were also increased.

CEO John Chidsey said that the company plans to double its net restaurant openings. Mr. John expects the company to post a double-digit profit rise in 2008. The company wants to have a net of 300 newly opened restaurants in 2008. In year 2007, the company opened a net of 154 restaurants. Burger King now has more than 11,220 restaurants in 61 countries worldwide.

The company announced in July that all of its US restaurants would be using frying oil free of trans-fats, by the end of 2008. The company is promoting healthy food practices.