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Business Briefing / EARNINGS

Yum profit increases 4%

October 08, 2008|From Times Wire Services

Yum Brands Inc., the owner of the Pizza Hut, Taco Bell and KFC chains, said third-quarter profit rose 4% on higher sales at its international divisions, including China.

Net income increased to $282 million, or 58 cents a share, from $270 million, or 50 cents, a year earlier, Louisville, Ky.-based Yum said. Sales climbed 11% to $2.84 billion.

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