Topsports International Holdings Ltd., incorporated in the Cayman Islands, has released its latest operational update for the fourth quarter of FY2024/25, covering the period from December 1, 2024, to February 28, 2025. The company reported a mid-single-digit decline in total sales of its retail and wholesale operations compared to the same period the previous year. Additionally, the gross selling area of directly-operated stores decreased by 8.0% since the end of the previous quarter and by 12.4% year-on-year. It's important to note that the figures presented are based on unaudited operational data, which has not been audited or reviewed by the Group's auditors, and may be subject to change. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities. The announcement was issued by Yu Wu, the Chairman and CEO of Topsports International Holdings Limited.
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