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Article Date: April 2023
Word Count: 105

Yue Yuen Issues Profit Warning


Yue Yuen warned that its Q1 revenues would be down about 18%, and that net income would fall approximately 40-45% to around $49.0 million from $88.6 million, hit by softer global footwear demand due to higher inventory levels. Manufacturing gross margin is expected to ... Log in to view full article.

 


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