Yum China Reports First Quarter 2020 Results
Yum China Holdings, Inc. reported unaudited results for the first quarter ended March 31, 2020.
Impact of COVID-19 Outbreak and Mitigation Efforts
As the COVID-19 outbreak progressed, Yum China further heightened its focus on safeguarding the health and safety of its employees and customers. The Company implemented stringent health measures at its restaurants and workplaces, and provided extended healthcare and other support to employees.
First quarter operations were significantly affected by the outbreak. Working closely with local health authorities to safeguard the public, the Company began...
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