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Article Date: August 2026
Word Count: 342

Yue Yuen H1 Pulled Down by Weak Manufacturing, Retail


Net income attributable to shareholders plummeted 58% to $71,998,000 in the first half from $171,190,000 last year, on revenue that was down 2% to $3,972,282,000 from $4,060,148,000, coming in toward the high end of guidance. Weak manufacturing demand and a tough retail operating environment at Pou Sheng hit the bottom line. Athletic/outdoor shoes revenue inched down 5% to $2,065.1 million, while casual shoes & sports sandals declined 3% to $420.0 million. Soles, components & others were off 3% to $181.0 million. Footwear volume posted a 6% loss to 118.6 million ... Log in to view full article.

 


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