World Footwear

Companies

Yue Yuen revenue up by 5.7%

Oct 16, 2015 China
Yue Yuen revenue up by 5.7%
One of the world's leading footwear manufacturers consolidated its total revenue in the first nine months of the year
Yue Yuen Industrial Holdings Limited reported operating revenue reached 6.28 billion US dollars in the first nine months of the year, which represents a 5.7% increase from similar period last year.

Net consolidated operating revenue (i.e. equal to the total sales less sales discount and sales return) of the company for the month pf September has reached 676.5 million US dollars.

The figures represent revenue of Yue Yuen’s footwear manufacturing operations as well as its Pou Sheng International Holdings Limited subsidiary (marketing sports, performance and lifestyle apparel and footwear in mainland China, Taiwan and Hong Kong).

Both Yue Yuen and Pou Sheng are controlled by Taiwan-based Pou Chen Corporation. Yue Yuen is one of the largest manufactures of footwear in the world, supplying brands such as adidas and Nike, and Pou Sheng is among the largest distributors and retailers in Greater China.

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