Yum China Reports 22% Increase in Q3 Net Profit

MT Newswires Live
2024-11-05

Yum China Holdings (HKG:9987) reported a net income of $297 million for the quarter ended Sept. 30, a 22% increase from the $244 million profit in the previous year's quarter, according to a Monday filing with the Hong Kong bourse.

Earnings per share were $0.77, compared with $0.58 a year ago.

Total revenue for the quarter was $3.07 billion, a 5% climb compared with $2.91 billion in the prior year quarter.

The company declared a $0.16 dividend per share for the quarter, which will be distributed on Dec. 17 to shareholders on record as of Nov. 26, the filing said.

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