Yue Yuen Industrial Reports Strong Financial Growth in 2024

Yue Yuen Industrial (Holdings) ( (HK:0551) ) just unveiled an update.

Yue Yuen Industrial (Holdings) Limited reported a 3.7% increase in revenue for the year ending December 31, 2024, reaching US$8.18 billion. The company saw a significant rise in recurring profit attributable to owners, up by 43.7% to US$378.63 million, and overall profit attributable to owners increased by 42.8% to US$392.42 million. Basic earnings per share rose by 42.9%, and the company proposed a final dividend of HK$0.90, reflecting a 28.6% increase. These results indicate a strong financial performance, potentially enhancing the company’s market position and providing positive implications for stakeholders.

More about Yue Yuen Industrial (Holdings)

Yue Yuen Industrial (Holdings) Limited is a company incorporated in Bermuda, primarily engaged in the manufacturing and sale of athletic and casual footwear. It operates globally, focusing on providing high-quality footwear products to a diverse market.

YTD Price Performance: -8.41%

Average Trading Volume: 600

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.21B

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