Yue Yuen Ekes Out Sales Gain despite Pou Sheng
May revenues for Yue Yuen increased 3% to $757,993,000 from $736,960,000, but the gains came entirely from the footwear manufacturing business as Pou Sheng retail sales in China tumbled 19% in local currency to RMB 1,527,574,000 ($227.7 mm). Footwear manufacturing revenue increased 17% to an implied $530.3 million. The group’s total sales are down 3% year-to-date at ... Log in to view full article.
