Yue Yuen Industrial (Holdings) Limited (YUEIF, 0551.HK) saw a 3 percent increase in shares after reporting higher manufacturing business revenues, shoe volume, and selling price in the first nine months of fiscal 2025. Despite a weak profit and total revenue, the company projects shipment volumes to rise in the fourth quarter, the peak season for manufacturing. Profit attributable to owners fell 16 percent to $278.72 million, with recurring profit at $262.0 million. Revenue dropped 1 percent to $6.017 billion, mainly due to a decline in Pou Sheng revenue. However, total revenue for the manufacturing business increased 2.3 percent.

In Hong Kong, YUE YUEN shares closed at HK$15.570, up 2.84 percent.

Read more at Nasdaq MarketSite: Yue Yuen 9M Profit Down, But Stock Up On Higher Manufacturing Revenues, Volume And Q4 Outlook