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<Alert>YUE YUEN IND Expects 1-3Q Profit to Rise 140-145% YoY
YUE YUEN IND (00551.HK) issued a positive profit alert expecting to record an increase of 140-145% in its profit for the nine months ended September as compared to the profit of US...
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<Alert>YUE YUEN IND Expects 1-3Q Profit to Rise 140-145% YoY
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YUE YUEN IND (00551.HK)  -0.080 (-0.718%)    Short selling $2.97M; Ratio 9.433%   issued a positive profit alert expecting to record an increase of 140-145% in its profit for the nine months ended September as compared to the profit of US$138 million for the corresponding period in 2023.

Dividend History
Announce DateEventParticular
2024/08/12InterimD:HKD 0.4000
2024/05/131st QuarterlyNo Dividend
2024/03/13FinalD:HKD 0.7000
2023/11/133rd QuarterlyNo Dividend

The increase in profit was mainly attributable to the solid increase in the gross profit margin of the Group's manufacturing business alongside a substantial rise in brand customers' demand for its footwear products, with order fulfilment in its manufacturing business strengthening QoQ, driven by the further normalization of the global footwear market, according to the Company.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)
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