HK Stock Market Move | TOPSPORTS (06110) increased by over 11%. Annual net profit slightly decreased by 1.5% year-on-year. A special dividend of 15 cents was declared at the end of the period.
Surpass (stock code 06110) rose more than 11%, up 11.79% as of press time, to HK$2.94, with a turnover of HK$2294.01 million.
TOPSPORTS (06110) surged over 11%, rising by 11.79% at the time of publication to 2.94 Hong Kong dollars, with a turnover of 2294.01 million Hong Kong dollars.
In terms of news, TOPSPORTS announced yesterday after the market closed that the full-year results ending at the end of February this year, with revenue of 25.74 billion yuan, a decrease of 4.7% year-on-year. Net profit was 1.267 billion yuan, a decrease of 1.5% year-on-year, with a significant narrowing compared to the previous fiscal year; a final dividend of 3 cents per share and a special dividend of 12 cents per share are proposed, a total of 14 cents including the final and special dividends same period last year. In addition, TOPSPORTS announced that in the fourth quarter of the 2025/26 fiscal year, the total sales amount of the group's retail and wholesale business is expected to see a low single-digit decline year-on-year.
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