Yue Yuen Ind (00551) announced its performance for the first three quarters, with a net profit attributable to shareholders of $279 million, a decrease of 15.96% year-on-year.
Yuexuan Group (00551) announced its performance for the nine months ended September 30, 2025. The Group achieved operating...
YUE YUEN IND (00551) announced its performance for the nine months ended on September 30, 2025. The group achieved a revenue of 6.017 billion US dollars, a decrease of 0.95% year-on-year; the profit attributable to owners of the company was 279 million US dollars, a decrease of 15.96% year-on-year.
During this period, the group's gross profit decreased by 6.9% to 1.371 billion US dollars, and the overall gross profit margin decreased by 1.4 percentage points to 22.8%. The gross profit of the manufacturing business decreased by 4.8% to 773.5 million US dollars, and the gross profit margin of the manufacturing business decreased by 1.3 percentage points to 18.3% compared to the same period last year, mainly due to uneven production capacity load in various manufacturing plants, some production lines not meeting efficiency standards, as well as the increase in manpower and salary costs in various regions, pushing up labor costs.
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