Comprehensive net income attributable to YY’s shareholders increased 42% to $205,861,000 in the first nine months of 2019 from $145,310,000 last year on 5% higher revenues of $7,519,624,000 up from $7,151,884,000. Excluding a $41 million negative impact from comprehensive items this year and a $78 million impact in 2018, net income was up 12% to $229,437,000 from $204,565,000. Selling and distribution expenses increased by $53 million and were up 20 basis points as a percent of revenue, while administrative expenses were flat.

Revenue from Yue Yuen’s core footwear manufacturing business gained 4% to $4,086.7 million for the nine months, including a ... Log in to view full article.