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在线翻译:
szdaily -> Business
Yum Brands profit hurt by slow China recovery
     2014-December-11  08:53    Shenzhen Daily

    YUM Brands Inc. lowered its profit forecast for the year for the second time, hurt by slower-than-expected sales recovery in China following a food safety scare in July.

    The company said it expects full-year profit growth to be in “mid-single-digit” percentage.

    It had earlier cut the forecast to 6-10 percent from at least 20 percent.

    A television report early July showing improper meat handling by supplier Shanghai Husi Food scared away customers in China, Yum’s biggest market by sales.

    U.S.-based fast-food chains McDonald’s Corp. and Burger King Worldwide Inc. and coffee chain Starbucks Corp. also landed into controversy as they procured meat from Shanghai Husi.

    Yum said Tuesday it expects 2015 profit to grow by at least 10 percent, while expecting operating profit in the China division to grow by at least 15 percent.

    (SD-Agencies)

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