Yue Yuen Industrial (Holdings) Ltd. said its operating revenue in November fell 3.0% from a year earlier to US$436.5 million from $450.1 million in the same month last year.

Yue Yuen, a unit of Hong Kong-based Taiwan's Pou Chen Corp., said its operating revenue for the January-November period was $4.50 billion, down 3.4% from US$4.66 billion a year earlier.

Yue Yuen makes shoes for brands such as Nike Inc. and Adidas-Salomon AG at factories in China, Vietnam, and Indonesia.