India, April 30 -- Yum China Holdings, Inc. (YUMC) dropped 7.22 percent to $43.31, down $3.37 during Wednesday's trading, after reporting modest increases in both revenue and net income for the first quarter. Total revenues rose to $2,981 million from $2,958 million last year, while net income inched upto $292 million from $287 million last year.
The stock opened at $45.28 and ranged between $42.71 and $45.44 on volume of 1.61 million shares, below its average of 3.29 million on the New York Stock Exchange.
Yum China's 52-week range is $28.50 to $53.99.
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