XTEP INT'L (01368) experienced a significant surge in its stock price during the trading session, soaring by 5.59% as investors reacted positively to the company's better-than-expected interim results and optimistic analyst reports.

The sportswear company reported impressive financial performance for the first half of 2025, with revenue reaching RMB 6.838 billion, a 7.14% year-on-year increase. Notably, profit attributable to ordinary shareholders climbed 21.47% to RMB 914 million. The company also announced an increased interim dividend of 18 HK cents, up from 15.6 HK cents in the previous year, further boosting investor confidence.

Adding to the positive sentiment, Goldman Sachs highlighted that XTEP's net profit exceeded their forecast by 12%, primarily due to higher-than-expected other income and gains. Meanwhile, CMB International reported favorable third-quarter retail sales growth trends for the core XTEP brand and Saucony. The management's indication of accelerated year-on-year retail sales growth for both brands in July has further fueled optimism among investors, contributing to the stock's significant price increase.