Yue Yuen Ind (00551) fell by 3.8% in Hong Kong stock market, Goldman Sachs indicated that the consumer is weak, and cut the net income forecast of Pou Chen and Yue Yuen in the past three years.

Yue Yuen Ind (00551) stock price is under pressure, maintaining a low position in the afternoon. As of press time, it was reported at HKD 12.1, a decrease of 3.82%, with a turnover of HKD 10.2024 million. Goldman Sachs lowered its second-quarter revenue forecast for Pou Sheng by a year-on-year decrease of 10.5%, reflecting overall weak consumption and unfavorable weather factors. Gross margin expansion is still benefiting from disciplined discounts, but some are offset by deleveraging and less favorable channel sales combinations. The bank expects that Yue Yuen is on track for the highest unit growth forecast in full-year sales, and equipment utilization and efficiency growth should support profit margin expansion. The bank has lowered its forecast for Pou Sheng from this year to 2020.

金吾財訊Jul 19 01:36 ET

Hong Kong stocks surge, Yue Yuen Industrial (00551) rebounds nearly 4%. The company's manufacturing orders are expected to be repaired, and there is a clear trend of valuation discount repair.

Yue Yuen Ind (00551) rebounds and rises nearly 4%. As of press time, it has risen 3.90% to HKD 12.78, with a turnover of 14.5492 million HKD.

Zhitong FinanceJul 17 22:53 ET

Returns On Capital At Yue Yuen Industrial (Holdings) (HKG:551) Have Hit The Brakes

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an

Simply Wall StJul 17 19:50 ET

Hong Kong stock market anomaly | Yue Yuen Ind (00551) fell more than 3%, and the net comprehensive operating income in June decreased by 4.3% year-on-year.

Yue Yuen Ind (00551) fell more than 3%, as of press time, it fell 3.49%, to HKD 12.18, with a turnover of HKD 21.5234 million.

Zhitong FinanceJul 17 03:19 ET

HKEx News: 361 degrees (01361) fell over 5%, leading the decline in sporting goods stocks. In June, the social retail sales of sports and entertainment products showed a slight year-on-year decline.

Sporting goods stocks fell across the board in early trading. As of press time, 361 degrees (01361) fell 4.66% to HKD 3.68; TopSports (06110) fell 3.32% to HKD 3.79; Xtep International (01368) fell 2.84% to HKD 4.79; Yue Yuen Ind (00551) fell 1.1% to HKD 12.58.

Zhitong FinanceJul 15 22:48 ET

HK stocks fluctuate | Yue Yuen Ind. (00551) fell more than 10% in early trading, with a 4.3% year-on-year decline in June's comprehensive operating net income.

Yue Yuen Ind. (00551) plummeted more than 10% in early trading, down 6.61% to HKD12.44, with a turnover of HKD17.3946 million as of press time. According to the news, Yue Yuen published that the net comprehensive operating income for June 2024 was approximately USD648 million, a decrease of 4.3% year-on-year; and the cumulative net comprehensive operating income for the first six months was approximately USD4.015 billion, a decrease of 3.4% year-on-year. Haitong Int'l published a report indicating that the first quarter of the company's shoe manufacturing business had a clear improvement in fundamentals, and the repair of orders will help to restore business income. The bank believes that the industry's destocking cycle

Zhitong FinanceJul 14 21:35 ET