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Yum China Reports Fourth Quarter and Full Year 2020 Results

Yum China Reports Fourth Quarter and Full Year 2020 Results News provided by Share this article Fourth Quarter Operating Profit grew to $180 million Opened 1,165 new stores in 2020 SHANGHAI, Feb. 3, 2021 /PRNewswire/ Yum China Holdings, Inc. (the Company or Yum China ) (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the fourth quarter and year ended December 31, 2020. Impact of COVID-19 Outbreak and Mitigation Efforts  Fourth quarter operations improved sequentially from the third quarter. The Company s primary focus continues to be safety, efficiency and sales recovery. To counter the pandemic impact, we ran strong value and digital campaigns to drive traffic. Delivery and takeaway remained popular, while dine-in recovered sequentially. Proactive cost structure realignment, productivity improvements and one-off cost savings helped us achieve year-over-year expansion of restaurant margins and operating profit. However, the pace of recovery was uneven an

Yum China Named to Bloomberg Gender-Equality Index for Third Consecutive Year

Yum China Certified Top Employer China for Third Consecutive Year

Yum China Certified Top Employer China for Third Consecutive Year News provided by Share this article Share this article SHANGHAI, Jan. 26, 2021 /PRNewswire/ Yum China Holdings, Inc. (the Company or Yum China ,NYSE: YUMC and HKEX: 9987) today announced that the Top Employers Institute has certified the Company as a Top Employer China for 2021. The global certification program recognizes leading employers that demonstrate dedication to the betterment of the workplace through excellent HR policies and people practices.  Top Employer China 2021 This is the third year in a row that Yum China has received the Award and is a testament to the Company s long-standing commitment to employee care centered around its Fair, Care and Pride principles. This year s award holds extra significance as it comes at a time when the industry continues to navigate the challenges of COVID-19.

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