'Dollar depreciation' hits Taiwanese footwear groups
17/12/2012
Pou Chen revenues in November reached $676.5 million, according to local reports. A representative was quoted as saying the depreciation of the dollar meant that year on year, November registered a 0.2% decline, despite improved performance overall.
Feng Tay’s revenues in November reached $107 million, down 1% year on year. The firm’s net profits in the first 10 months increased 21% to $42.6 million.
Fulgent Sun’s revenues in November reached $17.4 million, down 14.5% year on year.
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