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Yum enjoys strong Q3 on China growth

Updated: 2012-10-11 11:16
( China Daily)

Yum Brands Inc, which runs the KFC, Pizza Hut and Taco Bell fast-food restaurant chains, has seen its third quarter figures boosted by a strong performance in China.

The results, ending September 8, 2012, showed worldwide operating profit increased 18 percent year-on-year.

Officials said that China contributed more than half of Yum's $3.6 billion in revenue during the period. In the third quarter, China opened 192 new restaurants, around half of those were opened globally.

China Daily - Xinhua - Reuters

 
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