Yum China Warns Quarterly Profit to Decline over 50 Percent Due to Delta Variant

People walk past a KFC fast food restaurant in Lhasa, Tibet, on March 8, 2015. STR/AFP via Getty Images

U.S.-listed shares of Yum China Holdings Inc. fell over 10 percent since reporting Tuesday that its adjusted operating profit may decline over 50 percent in the third quarter due to the wide impact of COVID-19 in China.

Until Friday, the shares of the KFC operator in China had gone down three days in a row to $54.85 per share, compared with its $61.21 per share on Tuesday.