Pou Chen April Revenue Up 3.8% Year-on-Year, Cumulative First Four Months Down 3.5%

(Central News Agency reporter Pan Chih-Yi, Taipei, 11th) Footwear manufacturer Pou Chen Corporation today announced its self-consolidated revenue for April was NT$22.344 billion, an increase of 3.8% compared to the same period last year. Cumulative self-consolidated revenue from January to April was NT$85.436 billion, a decrease of 3.5% compared to the same period last year.

Pou Chen Corporation's important subsidiary, Yue Yuen Industrial, reported self-consolidated revenue of US$702 million (approximately NT$22.277 billion) for April, an increase of 6.6% compared to the same period last year, with footwear manufacturing revenue increasing by 6.9% year-on-year. Cumulative self-consolidated revenue from January to April this year was US$2.689 billion, a slight increase of 0.1% compared to the same period last year, with cumulative footwear manufacturing revenue decreasing by 2.3% year-on-year.

Pou Sheng International, which was spun off from Yue Yuen Industrial's retail business and listed independently, reported self-consolidated revenue of RMB1.376 billion (approximately US$199 million) for April, a slight increase of 0.1% compared to the same period last year. Cumulative self-consolidated revenue from January to April this year was RMB6.427 billion (approximately US$931 million), a slight decrease of 0.8% compared to the same period last year, with the decline narrowing, indicating stable end-user demand in major operating regions.

Footwear manufacturer Feng Tay Enterprise reported consolidated revenue of NT$6.819 billion for April, a year-on-year decrease of 6.17%. Cumulative consolidated revenue from January to April was NT$26.054 billion, a year-on-year decrease of 6.92%. Cumulative net profit attributable to owners of the parent company from January to April was NT$931 million, with earnings per share of NT$0.94. (Editor: Pan Yi-Ching) 1150511

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