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Yue Yuen Industrial Reports Growth in October Revenues
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Yue Yuen Industrial Reports Growth in October Revenues

Yue Yuen Industrial (Holdings) (HK:0551) has released an update.

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Yue Yuen Industrial (Holdings) Limited, a subsidiary of Pou Chen Corporation, reported a notable 14.7% increase in net consolidated operating revenue for October 2024, with a year-to-date growth of 2.9%. The manufacturing business saw a significant rise of 21.3% year-over-year for the month, showcasing the company’s robust performance amidst fluctuating market conditions. This financial update highlights Yue Yuen’s strong positioning in the market, appealing to investors seeking growth opportunities in the footwear manufacturing sector.

For further insights into HK:0551 stock, check out TipRanks’ Stock Analysis page.

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