4 stories mentioning HKG:0551Updated 7d ago
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Yue Yuen Industrial (HKG:0551) recorded an operating revenue of $693.9 million in May, down 2.5% from a year prior, according to a Wednesday Hong Kong bourse filing.The footwear maker's operating revenue for the five months ended May 31 slipped 0.7% year over year to nearly $3.38 billion.
Yue Yuen Industrial (HKG:0551) recorded a 54% decline in attributable profit for the first quarter of 2026 to $35.2 million from $75.8 million a year prior, according to a Wednesday Hong Kong bourse filing.The footwear maker's revenue slipped 2.2% to $1.99 billion from $2.03 billion in the year-ago period.
Yue Yuen Industrial (HKG:0551) recorded an operating revenue of $701.5 million in April, up 6.6% from a year prior, according to a Monday Hong Kong bourse filing.For the four months ended April 30, the footwear maker's operating revenue rose 0.1% to $2.7 billion.
Yue Yuen Industrial (HKG:0551) expects its first-quarter attributable profit to be 50% to 55% lower than the $75.8 million recorded in the same period of 2025, according to a Hong Kong bourse filing Tuesday.The firm attributed the downbeat forecast to the escalation of geopolitical tensions and seasonal misalignments, which led to an increase in the costs of footwear manufacturing.The footwear maker expects to announce its financial results on May 13.
