18 January 2019

Yum! Brands sees slight dip in Q4 net profit, website says

Yum! Brands Inc., owner of KFC, Pizza Hut and Taco Bell, said net profit for the fourth quarter was US$321 million, down from US$337 million year on year, Tencent’s reported Tuesday. Revenue rose 1 percent to US$4.18 billion. Yum! Brands said its business in the mainland has not been affected by a bird flu outbreak and expects double-digit growth this year. It is targeting at least 20 percent growth in earnings per share for the 2014 financial year, the report said.

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