ANTA SPORTS (02020) released its annual financial performance, with a net profit attributable to shareholders of 15.596 billion yuan, a year-on-year increase of 52.36%. Earnings per share at the end of the period were 1.18 Hong Kong cents.
Anta Sports (02020) released its annual performance for the year ending on December 31, 2024, with group revenue reaching RMB 70...
ANTA SPORTS (02020) released its annual performance for the year ending on December 31, 2024, with a group revenue of 70.826 billion yuan, a year-on-year increase of 13.6%; shareholders' profit attributable to owners was 15.596 billion yuan, a year-on-year increase of 52.36%; basic earnings per share was 5.55 yuan; proposed final dividend of 118 Hong Kong cents per share.
2024 marks the fourth year of the group's entry into the new decade strategic "single focus, multiple brands, globalization." Despite the complex global macroeconomic situation, fluctuating consumer confidence, and fierce industry competition, the company continues to steadfastly move forward around its medium to long-term strategic goals. According to statistics from global authoritative institutions, in 2024, the group's market share in the Chinese sports shoes and apparel market rose to 23.0%, maintaining its leading position in the industry, and also ranking in the top three in the global market. The company maintains a cautiously optimistic view on the Chinese economy, with the sports industry continuing to grow in scale and development potential. The company adheres to deepening its roots in the Chinese market while promoting ANTA's global reach, gradually realizing the vision of "becoming a world-leading multi-brand sports equipment group."
To create greater value for shareholders and consumers, the company needs to have foresight and take responsibility, focusing on long-term development. Years ago, the company chose the strategic direction of "single focus, multiple brands, globalization" as an important part of its development. Looking to the future, through a diversified brand portfolio and differentiated market positioning, the synergy of multiple brands will further highlight the overall corporate value. The company will continue to build innovative platforms, aiming to create more high-quality "good products" through innovative technology. In 2024, the group led the establishment of the "Sporting Goods Industry Innovation Consortium," collaborating with upstream and downstream supply chain partners, university research institutes, to jointly overcome core technical challenges in materials, design, manufacturing processes, and strive to create research results with industry and global influence.
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