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The Taiwanese athletic/outdoor and casual shoe manufacturer also said revenue in the quarter was down 2.2 percent.
Taiwanese footwear manufacturer Yue Yuen said shoe shipment volume fell 1.2 percent to 252.2 million pairs due to more cautious ordering policies by brands.
As global markets grapple with concerns over AI disruptions and mixed economic signals, Asian markets have shown resilience, with Japan's stock indices experiencing significant gains following political developments. In this environment, dividend stocks in Asia offer a compelling option for investors seeking steady income streams; these stocks can provide a buffer against market volatility while potentially yielding attractive returns.
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