Shoe Brand Puma Returns 80% In The Fourth Quarter

Sporting goods and clothing manufacturer Puma announced that its fourth quarter profit last year was 8 million 100 thousand euros, down 79% year-on-year, mainly due to inventory impairment and restructuring expenses, which offset high sales profits such as footwear, clothing and other sporting goods.

Sales in the period increased by 11.3% on average, and will be sent to 2.75 euro per share in May.

Wang Xiaonan: editor in charge