During the year under review, ended on the 31^st of December 2018, the group recorded revenue of 9 695.3 million US dollars, representing an increase of 6.3% compared to the previous year. Profit attributable to the owners of the company declined by 40.9% to 307.1 million US dollars, as compared to 519.2 million US dollars recorded in the previous year.

In the same period revenue attributed to the footwear manufacturing activity (including athletic shoes, casual/outdoor shoes and sports sandals) declined by 1.5% to 5 390.5 million US dollars, whereas the volume of shoes produced increased by 0.4% to 326.0 million pairs. The average selling price decreased by 2.0% to 16.53 US dollars per pair as compared with the previous year.

The group’s total revenue with respect to the manufacturing business (including footwear, as well as soles, components and others) was 5 881.5 million US dollars during the year under review, a decrease of 3.5% as compared with the previous year.

In the last fiscal year revenue attributable to Pou Sheng, the group’s retail subsidiary, grew by 23.3% to 3 421.7 million US dollars, compared to 2 775.4 million US dollars in the previous year.  In RMB terms (Pou Sheng’s reporting currency is the Renminbi - RMB),  revenue  increased by 20.4% to 22 677.4 million RMB, compared  to 18 833.3 million RMB in the previous year. As of the end of 2018 Pou Sheng had 5 648 directly operated retail outlets and 3 551 stores operated by sub-distributors in the PRC.