Yue Yuen sees margins shrink

2012-01-06T00:00:00

The world's largest shoe manufacturer reported a 2.5 percent drop in net earnings to US$483.5 million after minority interests for the financial year ended last Sept. 30, in spite of a 21.7 percent increase in its total revenues to $7,045 million, as its gross margin declined by 2.3 percentage points ...

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