Yue Yuen’S Sales Increases Have Come To An End, And Profits Are Declining
Sales were up at Yue Yuen Industrial Holdings for the nine months ended June 30, rising by 4.8 percent to US$3.8 billion. Profits dropped by 17.2 percent, though, to $362.8 million. The volume of footwear produced at this Chinese company, the world’s largest manufacturer of brand footwear, declined by 1.3 ...
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