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[Hong Kong Stock Connect] YUM CHINA (09987) reported a 10.16% increase in net income last year, with a dividend of $0.24.
Jinwu Financial News | YUM CHINA (09987) announced that for the year ending December 31, 2024, the Net income attributable to Shareholders was 0.911 billion yuan (in USD, the same below), representing a year-on-year increase of 10.16%; basic earnings per share were 2.34 yuan. A cash dividend of 0.24 yuan per share is declared. During the period, the company's revenue reached 11.303 billion yuan, a year-on-year growth of 2.96%, mainly due to a net new store contribution of 7%, partially offset by a decrease in same-store sales caused by a drop in average transaction price and an increase in same-store transaction volume. Operating profit increased by 5% or 8% (excluding the impact of foreign currency translation of 28 million USD). During the period, Restaurants
YUM CHINA (09987.HK): Revenue and profit both grow in fiscal year 2024, $1.5 billion returned to Shareholders.
Gelonghui reported on February 28 that YUM CHINA (09987.HK) announced that for the fiscal year ending December 31, 2024, the company's operating performance demonstrates the resilience of its Business and the effectiveness of its Global Strategy in enhancing revenue and profit in a challenging market environment. The company drives efficiency and innovation as dual engines, empowering the organization from a new perspective of its restaurant managers and customers, leading to growth in both total revenue and operating performance. In 2024, the company's total revenue is expected to increase by 3% or 5% (not counting the impact of foreign currency conversion of 0.2 billion USD) to reach 11.3 billion USD, primarily due to net new stores.
Yum China Reports Record Revenue and EPS Growth in 2024
YUM CHINA: Annual Results Announcement for the Year Ended December 31, 2024
Yum China | 10-K: Annual report
On February 26, YUM CHINA (09987.HK) spent 4.67 million Hong Kong dollars to repurchase 0.0124 million shares.
Glory Group reported on February 27 that YUM CHINA (09987.HK) announced that on February 26, it spent 4.67 million HKD to buy back 0.0124 million shares.
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