Yue Yuen reported sales for the month of December slid 20.5 percent to $629.8 million.

Sales in its manufacturing business were down 13.5 percent while sales in the Pou Sheng retail segment were down 29.1 percent.

In the year, sales were up 5.1 percent to $8.97 billion.

Sales in the manufacturing business grew 26.2 percent while sales in the Pou Sheng segment were down 20.2 percent.