Recently, Yue Yuen Group, a well-known sports shoe OEM company, issued its latest *** announcement. In May 2021, Yue Yuen Group’s monthly consolidated operating *** net value (that is, equivalent to total sales minus sales discounts and sales returns) will be approximately It was US$737 million, an increase of approximately 6.41% year-on-year; as of May 31, the five months ended May 31, the cumulative cumulative operating net value reached US$4.017 billion, an increase of approximately 19.47% from the same period last year.
Compared with the same period in 2020, Yue Yuen's operating performance in 2021 will gradually turn from loss to profit. This is not only related to the low base effect caused by the 2020 epidemic, but also related to the recovery of the global market and the increase in orders. After the improvement in the domestic sportswear market, Yue Yuen and its retail subsidiary Bao Sheng International's revenue performance has improved.
According to the latest revenue status released by Pou Sheng International, in May 2021, Pou Sheng International’s monthly consolidated net operating*** (that is, equivalent to total sales minus sales discounts and sales returns) is approximately 1.889 billion yuan, and Compared with the same month last year, it decreased by 21.0%; for the five months ended May 31, the cumulative accumulated operating net revenue reached 11.14 billion yuan, an increase of 16.8% compared with the same period last year.