Anta Sports Posts 34.93% Rise in Interim Profit to RMB9.487 Billion, Revenue Hits Record RMB43.507 Billion
Anta Sports reported a 34.93% year-on-year increase in interim net profit attributable to shareholders to RMB9.487 billion, with revenue rising 12.88% to a record RMB43.507 billion. Excluding a gain from the Amer Sports placement dilution, profit grew 12.9% to RMB7.938 billion. The company declared an interim dividend of HK$1.51 per share, up 10.22%. Gross margin improved to 63.9% and operating margin to 27%. Shares rose 6.3% in afternoon trading.
Anta Sports announced its interim results for the six months ended June 30. During the period, profit attributable to shareholders reached RMB9.487 billion, up 34.93% year on year. Basic earnings per share were RMB3.42, and the interim dividend was HK$1.51 per share, an increase of 10.22% from the same period last year. Excluding the gain arising from the equity dilution of the Amer Sports placement, profit attributable to shareholders increased 12.9% to RMB7.938 billion.
First-half total revenue reached RMB43.507 billion, up 12.88% year on year, setting a new record. Among this, Anta brand revenue was RMB17.771 billion, up 4.84%; FILA brand revenue was RMB15.045 billion, up 6.09%; and all other brands revenue was RMB10.691 billion, up 44.24%. During the period, gross margin was 63.9%, up 0.5 percentage points year on year; operating margin was 27%, up 0.7 percentage points.
After the results announcement, Anta Sports shares rose in the afternoon, at one point climbing to HK$76.95, up 7%. As of 1:34 p. m. , the stock was trading at HK$76.45, up 6.3%, with turnover exceeding HK$660 million.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Apparel & Footwear, with intensity 50/100 and 70% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.