Yue Yuen Warns Profits will be Halved
The footwear manufacturer and parent of Chinese retailer Pou Sheng said that net income attributable to shareholders would be down around 55% to 60% to roughly $60 million in the first half from $171.2 million, as weak demand and a tough operating environment hit the bottom line. Yue Yuen’s brand customers adopted ... Log in to view full article.
