The Latest Achievements Of Yuyuan Industries, A World Shoe Maker

 
< p > the performance of Yuyuan industries, a listed company in Hongkong, has been disclosed before. During the reporting period, Yuyuan Industrial turnover amounted to US $7 billion 298 million, an increase of 3.58% over the same period last year, and net profit of US $506 million, an increase of 12.54% over the same period last year. < /p >
Since P last year, Yuyuan industry has expanded its retail business. The company is optimistic about the business opportunities brought by the growth of the domestic demand market in the future. < /p >
< p > < strong > benefiting raw material spot price is stable < /strong > < /p >
"P > Yuyuan industry listed in Hongkong in 1992. It has a production base in Dongguan, Zhongshan and Zhuhai. It specializes in the production of world famous brand sports shoes, casual shoes and < a href=" http://www.91se91.com/news/index_c.asp "> jogging shoes < /a >, which is the world's largest shoemaking enterprise. < /p >
< p > Yuyuan industry indicated that during the reporting period, the sales volume of footwear manufacturing business increased by 1.5% as a result of brand customers' attitude towards orders, the sales volume of footwear manufacturing business of the group increased by only 1.5%, while the sales of sports shoes and casual shoes / < a href= "http://xm.sjfzxm.com/" > outdoor shoes < / a increased by 1.8% and 0.5% respectively; the total footwear output was only 308 million pairs, down 5.4%. < /p >
According to geographical distribution, in the Yuyuan Industrial Greater China area, < a href= "http://www.91se91.com/news/index_x.asp" > sports shoes > /a > and apparel products retail and wholesale business, the turnover in the reporting period was 1 billion 636 million US dollars, up 13.6% over the same period last year. "It is mainly driven by the acquisition of regional retailers, new stores, and promotional activities after inventory clearance." Yuyuan industry said. < /p >
During the reporting period, the gross profit growth of Yuyuan industry reached US $1 billion 662 million, up 6.9% from the same period last year, mainly due to the stable price of raw materials and energy purchased, and the gradual improvement of factory operation efficiency. "P" However, Yuyuan industry indicated that the increase in labor costs and the increase in rental prices increased the burden on the group. < /p >
< p > < strong > the business opportunities brought about by the domestic demand market are less than /strong > /p >
Less than P, Yuyuan industry's main business is still footwear foundry. In recent years, it has vigorously developed retail and wholesale businesses. Currently, there are more than 4000 outlets and outlets in China. < /p >
< p > Yuyuan industry expects that retail business will maintain moderate growth in the future, but profit growth will be challenged by market changes. "In the long run, the Group expects that sports shoes and clothing products will face greater demand, and the group's optimization and improvement in all aspects will help to gain business opportunities arising from the rising domestic demand market." Yu Yuan industry said. < /p >
< p > data show that Yuyuan industry's financial position is quite robust. As of September 30, 2012, Yuyuan Industrial cash and cash equivalents amounted to US $790 million and total lending amounted to US $1 billion 158 million. As at the end of the reporting period, the net debt of Yuyuan industry was $368 million, and the debt ratio was 26%, a decrease compared with 28% in the same period last year. < /p >