TOPSPORTS (06110) has seen its shares rise by more than 4%, currently up 4.02% at HKD 3.36, with a trading volume of HKD 30.939 million. The company previously announced that a board meeting is scheduled for October 22, 2025, to review and approve the unaudited mid-term results for the six months ending August 31, 2025, as well as to declare an interim dividend if applicable. According to a report from Ping An International, at the FY25 annual performance meeting held at the end of May, TOPSPORTS management indicated that in FY26, the focus will be on "efficiency and profit prioritization," with a performance target of "net profit level unchanged year-on-year, and an improvement in net profit margin." The firm believes that the company’s high dividend yield mitigates downside risks, while the rebound of Nike offers valuation flexibility. Furthermore, actively introducing segmented premium brands opens up long-term growth opportunities. Citigroup noted that in July, TOPSPORTS became the exclusive partner for the global professional headwear and apparel brand Ciele in China, further expanding its multi-brand strategy into the high-growth outdoor/running category (alongside the addition of brands like SOAR and norda, which operate similarly with TOPSPORTS leading brand promotion, marketing, omni-channel operations, and consumer interaction). The performance of Salomon's footwear business has exceeded expectations, further validating TOPSPORTS's successful strategic transformation towards the outdoor/running sector over the past year.