361 Degrees Shares Jump Over 4% on Solid Interim Results and Dividend Hike

Stock News
08/18

Shares of 361 Degrees (01361) surged more than 4% in afternoon trading, last up 3.43% at HK$4.825 with turnover reaching HK$33.56 million.

The sportswear maker released its interim results for fiscal year 2026 at midday, reporting first-half revenue of RMB 6.16 billion, an 8.0% year-on-year increase. Net profit attributable to equity holders rose 8.0% to RMB 926 million, with basic earnings per share of RMB 0.444.

The company declared an interim dividend of HK$0.222 per ordinary share, up 8.8% from HK$0.204 in the same period last year.

Segment-wise, the children's business generated revenue of RMB 1.35 billion during the period, accounting for approximately 21.9% of total group revenue, representing a 6.8% year-on-year growth. E-commerce operations contributed RMB 1.99 billion, or 32.3% of total revenue, marking a 9.5% increase from the prior year.

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