Financial

Yue Yue swings to Q1 profit

2021-05-14T16:46:00

Yue Yuen Industrial posted a net profit of $85.4 million in the first quarter, in the middle of the $80-90 million range that it predicted in April, compared with a loss of $56.3 million the year earlier. The gross margins of its manufacturing business and its Chinese retail subsidiary, Pou ...

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