Two digits monthly increase for Yue Yuen' sales
The Chinese footwear giant has announced two digits increase in sales registered in the month of March 2021. The first quarter of the new fiscal year also marked by recovery
The group announced net consolidated operating revenue (total sales less sales discount and sales return) for the month of March of 870.9 million US dollars. This results in a 30% increase in total revenue for the month of March as compared to a year ago, when the COVID-19 pandemic conducted to the closure of the group's manufacturing and retail operations in China.
As for the net consolidated accumulative operating revenue for the three months period ended on the 31st of March it reached 2.49 billion US dollars, 27% higher than in the same period of 2020.
Image credits: NordWood Themes on Unsplash
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