VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Chinese sportswear company ANTA Sports Products Ltd. have published their interim business performance report for the first half of 2018 today with their revenue growth reaching 44.1% in the first half of 2018, making it the best ever mid-year results since they were listed on the Hong Kong Stock Exchange 11 years ago.
For the first half of 2018, the total income of the ANTA Group was CNY10.55bn, a 44.1% growth. It has maintained double-digit growth for five consecutive years.
Profits attributable to equity shareholders increased 34% to CNY1.94bn. Basic earnings per share increased 29.4% to CNY0.7244.
Gross profit margin increased 3.7% to 54.3%. Operating profit margin and margin of profit attributable to equity shareholders were 25.5% and 18.4% respectively
Retail sales (based on retail value) of ANTA-branded products increased at a two-digit speed while the retail revenue of ANTA’s other brands grew at 85-90%.
The interim dividend is HK50 cents per ordinary share, an increase of 22% with a payout ratio of 60.1%
ANTA has demonstrated strong and steady growth in recent years, acquiring many overseas brands in addition to developing their own brand ANTA. Some comments online and in general media reports even say they are the #1 Chinese sportswear company now.
Reference: PR Newswire
Proofread by Raymond Fitzpatrick
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
Four trends for Chinese sportswear market in 2016
25 Jan 2016
ANTA reportedly purchases Russian sports brand
24 Dec 2015
FILA signs young Chinese star Wang Yuan as brand ambassador
12 Jun 2018
ANTA selected management system
28 Oct 2014
Ding Shizhong: We want Anta to become an international brand, instead of the Chinese version Nike.
27 Nov 2017
More from Yutang Sports
Wiz-Team provides smart event management system for SportAccord 2024
14 Mar 2024
Birmingham is embracing a bright future supported by extraordinary sporting legacy
17 Apr 2024
Discover why SportAccord plays central role for Silvers in strategic partnerships
22 Feb 2024
SportAccord 2024 - combating online abuse ‘chance for sport to show its power’
22 Mar 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Yutang Sports
loading...