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Yue Yuen’s Sales Climb 6 Percent In June

Source:CHINA SPORTING GOODS FEDERATIONRelease time:2022-07-14Clicks:
Article From:SGB Media
 
Yue Yuen Industrial Limited reported net consolidated operating revenue reached $834.6 million in June, representing a gain of 5.9 percent year-over-year.
 
Sales in its manufacturing business were up 18.7 percent while sales at Pou Sheng, its retail subsidiary in China, were down 14.7 percent.
 
Pou Sheng’s sales were calculated in RMB terms.
 
For the first six months of the year, sales were down 2 percent to $4.7 billion. Manufacturing business sales were up 14.4 percent in the six months while Pou Sheng’s sales were down 24.6 percent.

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