Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Thanks to China, Yum Brands profits rise

by Tony Sagami on July 18, 2008

in Asian Market, Stock Market in China

Same-store sales in the U.S. grew by 2% but same-store sales grew by 14%in mainland China and 4% internationally. Yum addednearly 100 restaurants in China during the quarter andsaid the pace of new development in 2008 is ahead of last year’s record pace. Yum expects to  reach 3,000 units bythe end of the year.

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