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Article Date: January 2025
Word Count: 139

Yue Yuen Improved, Pou Sheng Struggled in December


Yue Yuen’s manufacturing segment revenue grew 14% in Dec., to an implied $477,956,000 from $420,401,000 last year, driven by its growing order book as the global footwear industry normalizes. However, YY’s Pou Sheng Chinese retail segment declined 4% in local currency to RMB 1,514,208,000 ($206.5 mm). For the full year, Pou Sheng fell off 8% to RMB 18,453,923,000 hit by ... Log in to view full article.

 


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