Yue Yuen Industrial Ltd., the world’s largest sports footwear manufacturer, reported April revenues of $710 million, down 19.1 percent from $877.9 million in the same month a year ago.
In the four months, sales were down 20.3 percent to $2.68 billion from $3.36 billion in the same period a year ago.
Pou Sheng International Ltd., the retail subsidiary of Yue Yuen, reported revenue of ¥2.2 billion in April against ¥2.48 billion a year ago, a decline of 11.2 percent. Sales in the fourth months were down 21.2 percent to ¥7.15 billion from ¥9.07 billion a year ago
Photo courtesy Yue Yuen
