U.S. Markets open in 47 mins.

Yum China posts 1Q profit

SHANGHAI (AP) _ Yum China Holdings Inc. (YUMC) on Wednesday reported profit of $175 million in its first quarter.

On a per-share basis, the Shanghai-based company said it had net income of 44 cents.

The restaurant operator in China posted revenue of $1.28 billion in the period.

Yum China shares have increased nearly 8 percent since the beginning of the year.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YUMC at https://www.zacks.com/ap/YUMC

_____

Keywords: Yum China Holdings, Earnings Report