Li Ning's (HKG:2331, HKG:82331) profit attributable to equity holders fell to 2.94 billion yuan for 2025, from 3.01 billion yuan a year earlier, according to a Thursday Hong Kong bourse filing.
Shares of the sportswear manufacturer gained nearly 11% in Friday's midday trade.
Earnings per share came in at 1.1353 yuan, compared with 1.1652 yuan a year earlier.
Revenue rose 3.2% to 29.6 billion yuan from 28.7 billion yuan.
The board recommended a final dividend of 0.2336 yuan per share.