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Yum China Profit May Drop 60% On Covid-19 Fallout; Stock Slides – NewsBreak


Source: newsbreak.com newsbreak.com
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Yum China, the country's largest restaurant chain, warned today that disruptions in connection with Covid-19 will take a bite out of profit and sales in the third quarter. Adjusted operating profit, which excludes special items, may fall "approximately 50% to 60%" compared with the same period of last year, Yum China said in a Hong Kong Stock Exchange filing today. The company operates KFC, Pizza Hut and other restaurants in the country.

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November 4, 2025

Yum Brands Considers Selling Pizza Hut Amid US Slowdown; Strategic Evaluation Launched


Source: ChinaRetailNews.com ChinaRetailNews.com