Yue Yuen Issues Positive Profit Warning, Reveals Tax Dispute
Yue Yuen announced that its net income attributable to shareholders for 2024 would be up about 55-60% to approximately $439.5 million, but that may be partially offset by disputed taxes owed by its Indonesian subsidiaries. The increase in income came from its growing order book as the global footwear industry normalizes. Strong order fulfillment, improved capacity utilization ... Log in to view full article.
