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YUM CHINA: Co. Results Stronger than Pre-Covid's, but Shr Price Unable to Reflect Reality
According to local media reports, YUM CHINA (09987.HK) CEO Joey Wat said at the Fortune Innovation Forum that the company's net operating profit and system sales have both incr...
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YUM CHINA: Co. Results Stronger than Pre-Covid's, but Shr Price Unable to Reflect Reality
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According to local media reports, YUM CHINA (09987.HK)  0.000 (0.000%)    Short selling $23.59M; Ratio 27.058%   CEO Joey Wat said at the Fortune Innovation Forum that the company's net operating profit and system sales have both increased by about 30% compared to the pre-pandemic period. However, the company's share price has fallen 20-30%, and she identified a challenge in the company's stock price not reflecting the real situation.

She added that YUM CHINA has undergone a large-scale digital transformation since 2015. So far, it has successfully changed the store-to-employee ratio from 7,000 shops vs 450,000 employees to 14,000 shops vs 430,000 employees, reflecting that the company's productivity has been enhanced through the transformation.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-04-26 16:25.)

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