SHANGHAI (AP) _ Yum China Holdings Inc. (YUMC) on Monday reported first-quarter earnings of $222 million.
The Shanghai-based company said it had profit of 57 cents per share. Earnings, adjusted for non-recurring costs, came to 59 cents per share.
The restaurant operator in China posted revenue of $2.3 billion in the period.
Yum China shares have risen 33% since the beginning of the year. In the final minutes of trading on Monday, shares hit $44.67, an increase of 6% in the last 12 months.
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