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Article Date: May 2020
Word Count: 126

Yue Yuen Retail is Recovering, but Manufacturing Sales are Weak


As Chinese retail continues to make progress back towards normalcy, Pou Sheng reported Apr. sales of $309,942,000, off just 15% from $362,851,000 last year, and a solid sequential improvement from the 38% drop in Mar. and the 83% plunge in Feb., when most stores were closed. Parent Yue Yuen’s overall sales dropped 19% to $709,969,000 from $877,929,000, implying a 22% decline in manufacturing ... Log in to view full article.

 


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