Topsports International Reports Mid-Single-Digit Decline in Q4 FY2024/25 Sales

Reuters
05-21
Topsports International Reports Mid-Single-Digit Decline in Q4 FY2024/25 Sales

Topsports International Holdings Ltd., incorporated in the Cayman Islands, has released its latest operational update for the fourth quarter of FY2024/25, covering the period from December 1, 2024, to February 28, 2025. The company reported a mid-single-digit decline in total sales of its retail and wholesale operations compared to the same period the previous year. Additionally, the gross selling area of directly-operated stores decreased by 8.0% since the end of the previous quarter and by 12.4% year-on-year. It's important to note that the figures presented are based on unaudited operational data, which has not been audited or reviewed by the Group's auditors, and may be subject to change. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities. The announcement was issued by Yu Wu, the Chairman and CEO of Topsports International Holdings Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Topsports International Holdings Ltd. published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.

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