Financial reporting

Yue Yuen raises sales and margins, shifting to higher-end products

2021-08-13T17:10:00

Shifting to higher-end products, the world’s largest shoe manufacturer managed to raise the average selling price of the products made at its factories by 6.5 percent to $18.37 per pairs in the first half of 2021. This helped Yue Yuen Industrial (Holdings) to expand the gross margin of its footwear ...

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