Yue Yuen Industrial Books 15% Higher Operating Revenue in October

MT Newswires Live
11 Nov 2024

Yue Yuen Industrial (HKG:0551) recorded a net consolidated operating revenue of $740.2 million in October, an increase of 14.7% year on year, a Wednesday filing with the Hong Kong Exchange said.

For the first 10 months ended Oct. 30, operating revenue increased 2.9% from last year to $6.82 billion, the filing said.

The company's manufacturing business saw a 21.3% increase year-on-year in October and a 10.2% increase year-on-year in the 10 months ended Oct. 30.

The company's retail subsidiary Pou Sheng International saw a 4.7% increase year-on-year in October and an 8.1% decrease year-on-year in the 10 months that ended Oct. 30.

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