KRTL BioTech

Yum China warns of first-quarter losses, 2020 sales hit after virus outbreak

Yum China warns of first-quarter losses, 2020 sales hit after virus outbreak

KFC licensee Yum China said it could report an operating loss in the first quarter and take a significant hit to sales and productivity due to a coronavirus outbreak in China, after it was forced to shut nearly a third of its stores.