Movement Alert|ANTA Sports Rises 3.05% in Regular Trading, Annual Revenue Surpasses RMB 80 Billion Beating Market Expectations

Market Focus
Jun 09

On June 9, ANTA Sports rose 3.05% in regular trading, trading at 75.8 HKD/share, with trading volume of HKD 196 million.

On the news front, the group released its annual report showing full-year revenue surpassed the RMB 80 billion milestone for the first time, reaching RMB 80.22 billion, up 13.3% year-over-year. Operating profit grew 15.0% YoY, while shareholders' attributable profit rose 13.9% to RMB 13.59 billion. DESCENTE became the group's third ten-billion-yuan brand, fully delivering on its multi-brand strategy. The overall operating profit margin improved to 23.8%, with gross margin maintained at a high level of 62.0%, demonstrating strong profitability resilience.

Additionally, Aijian Securities recently initiated coverage with a Buy rating, citing the company's multi-brand matrix advantages, completion of DTC reform for the core brand, improved FILA operational efficiency, and projected net profit CAGR of 8.7% for the next three years. The upcoming World Cup is also expected to boost demand for sportswear, collectively supporting the stock's upward momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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