Yum China: Q4 Earnings Snapshot
Yum China Holdings Inc. (YUMC) on Tuesday reported earnings of $53 million in its fourth quarter
By AP News
Published - Feb 07, 2023, 07:18 PM ET
Last Updated - Jun 19, 2024, 05:50 AM EDT
SHANGHAI (AP) — SHANGHAI (AP) — Yum China Holdings Inc. (YUMC) on Tuesday reported earnings of $53 million in its fourth quarter.
The Shanghai-based company said it had profit of 13 cents per share.
The restaurant operator in China posted revenue of $2.09 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $2.16 billion.
For the year, the company reported profit of $442 million, or $1.04 per share. Revenue was reported as $9.57 billion.