BUZZ-China's 361 Degrees hits 3-week peak on higher FY profit

Reuters
03/24
BUZZ-China's 361 Degrees hits 3-week peak on higher FY profit

** Shares of 361 Degrees International 1361.HK rise 7.8% to HK$5.67, their highest since March 2

** Stock on track for biggest one-day pct rise since September 2024, if gains hold

** Chinese sports footwear and apparel maker said on Tuesday its 2025 profit attributable rose 13.9% y/y to 1.31 bln yuan ($190 mln) with revenue up 10.6% y/y to 11.15 bln yuan

** YTD, stock down 7.6%, benchmark Hang Seng Index .HSI down 3.5%

($1 = 6.8936 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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