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Yu Yuan, The World's Largest Sports Shoe Maker, Has Released A Performance Report.
Yuyuan Industrial (Group) Co., Ltd., the world's largest sports shoe manufacturer, released its performance report. Its first quarter net profit increased 10% over the same period last year.
Yuyuan group is a subsidiary of Taiwan Baocheng industrial Limited by Share Ltd. The company manufactures brand shoes for Nike, Adidas-SalomonAG and other foundry.
Yuyuan group said that in the three months of December 31st last year, the company achieved net profit of $120 million 200 thousand, compared with $109 million 300 thousand in the same period last year. Quarter revenue fell 3.2%, from $1 billion 360 million to $1 billion 320 million.
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2010/3/29 14:10:00
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