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.
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