YUE YUEN IND (00551) announced its financial results for the nine months ended September 30, 2025. The group recorded revenue of $6.017 billion, a decrease of 0.95% year-on-year. Net profit attributable to shareholders stood at $279 million, down 15.96% compared to the same period last year.
During the reporting period, the group's gross profit declined by 6.9% to $1.371 billion, while the overall gross margin fell by 1.4 percentage points to 22.8%. The manufacturing segment's gross profit decreased by 4.8% to $773.5 million, with its gross margin dropping 1.3 percentage points to 18.3% year-on-year.
The decline was primarily attributed to uneven capacity utilization across manufacturing facilities, lower-than-expected production efficiency in certain lines, and increased labor costs due to workforce expansion and wage hikes in various regions.