Yue Yuen revenues exceed $7 billion
05/01/2012
The group increased shoe production by 14% to reach 326.6 million pairs and revenues increased by 21.7% to go past the $7 billion mark. However profit was down by 6.2% to $449.8 million.
Yue Yuen said the fall in profits was mostly because of increases in the cost of labour and of raw materials.
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