Yue Yuen posts sales increase in August

Hong Kong
Published:  11 September, 2018

The Hong Kong based footwear manufacturer has reported a +5% increase in sales in August.

August sales for Yue Yuen Industrial Holdings reached US$799.5 million in August, up from US$761.3 million in the same month (+5%).

Net consolidated accumulative operating revenue grew for the eight-month year-to-date period grew +6.6%, to US$6.33 billion from US$5.94 billion.

For the six months ended June 30, the Group reported a revenue increase of +7.2% to US$4.8 billion, however, profit declined -41.9% to US$150.1 million. Read more here.