Hong Kong-based footwear company Yue Yuen Industrial Limited has posted higher turnover for the nine-month period ended June 30.

Total turnover rose 10.2% to approximately $3 billion compared with the prior-year period and profit rose 5.7% to approximately $281.5 million.

Total footwear production volume for the nine-month period was 174.3 million pairs, an increase of 15.6% compared with the corresponding period last year.

Athletic shoes were the biggest seller, accounting for 58% of sales, followed by casual/outdoor shoes, sports sandals and soles and components.

Sales for July and August totaled $7 billion, a 16% year-on-year increase.  

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