Yue Yuen H1 profits dragged down by Pou Sheng.

Elsewhere, casual shoes/sport sandal sales rose 3.9 percent in H1 to $440.7 million, and revenues from soles/components/other inched up 0.7 percent to $283.0 million. Yue Yuen reported a 2.8 percent increase in first-half net income of $175.0 million versus $170.3 million for the six months ended June 30. Implied Q2 results for YY reflect flat revenues of $2,315,423,000 versus $2,313,815,000 for the three months ended June 30, but a 27 percent increase in net income to $77.9 million from $61.4 million. [Extracted from the article]