Pou Sheng International, the distribution and retail subsidiary of Yue Yuen, reported a 19.1 percent constant currency, year-over-year sales decline in May to 1.53 billion yuan renminbi (€213.8m) from RMB 1.89 billion. For the five months ended May 31, Pou Sheng’s consolidated operating revenues were down 26.3 percent to RMB 8.21 billion (€1.15bn) from RMB 11.14 billion.

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