SHANGHAI (AP) _ Yum China Holdings Inc. (YUMC) on Tuesday reported first-quarter earnings of $230 million.

On a per-share basis, the Shanghai-based company said it had profit of 53 cents. Earnings, adjusted for non-recurring costs, came to 54 cents per share.

The restaurant operator in China posted revenue of $2.56 billion in the period.

Yum China shares have climbed 5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $60.06, an increase of 31% in the last 12 months.

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