Yue Yuen Industrial posted consolidated operating revenues of $786.3 million in April, resulting in accumulative operating revenues of $3,278.2 million in the first fourth months of the year. The company did not release comparative figures.
Operating revenues represent total sales less sales discounts and sales returns.
The Chinese company is scheduled to release its first-quarter results on May 13. It already provided preliminary results, indicating that it made a net profit of between $80 million and $90 million in the first quarter, against last year’s loss of $56 million for the period. The world’s largest shoe producer reported consolidated operating revenues of $2,493.2 million for the first three months of this year, up by 27 percent from the same quarter a year ago.