Yue Yuen Reports Revenue Growth Amidst Subsidiary Challenges

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

Yue Yuen Industrial (Holdings) Limited, a subsidiary of Pou Chen Corporation, reported a net consolidated operating revenue of $681.5 million for November 2024, marking a 7.5% year-over-year growth. The company’s accumulative operating revenue for the first eleven months of the year reached $7.5 billion, reflecting a 3.4% increase compared to the previous year. Despite challenges in its retail subsidiary Pou Sheng in China, the manufacturing business showed a robust growth of 17% for the month.

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