Hong Kong based Footwear manufacturer Yue Yuen Industrial (Holdings) Limited has reported continued operational growth in its unaudited consolidated results for the three months ended 31st December, 2005.

Turnover increased year-on-year by 17.6% to $878 million and net profit increased by 16% year-on-year to $85.9 million.

Total footwear production amounted to 49.5 million pairs, an increase of 6.2% compared with the corresponding period of the previous year. Turnover from wholesale and retail operations in the Greater China region jumped 142% to $65.1 million, thanks to impressive domestic consumption in China. By the end of 2005, the group operated over 600 shops/counters in mainland China.