Shoe maker Yue Yuen Group net income 530 million yuan in July

01/09/2010 11:24
Recently, Yue Yuen announced in July 530 million net operating income, rising by 32% from 6 months slowed to 23%; total net revenue of 3.41 billion the first seven months dollars, the annual increase of 18%. And just held the World Cup and will be held at the Asian Games in November will accelerate the sale of sporting goods, the global sporting goods companies also need to rebuild inventories, Yue Yuen Group's business benefit. Yue Yuen had raised from loans and new share issue of about 7 billion dollars, the proceeds will be used for general working capital and repayment of existing debt to reduce financing costs, the financial situation improved.ugg boots outlet Yue Yuen Group is a Taiwan-funded enterprises, the world's largest internationalbrandsports shoesand casualshoesmanufacturer, its customers include global footwear brandsNike,Adidas,Reebok, Converse, newbalance, Timberland, Puma and Asics, etc.. The Group also operates in China's retail and wholesale sporting goods. Air Max