ANTA Sports Products ( (HK:2020) ) has shared an update.
ANTA Sports Products Limited announced its 2024 annual results, showcasing steady business development with a 13.6% increase in revenue to RMB70,826 million. Despite a decrease in overall operating profit margin due to increased investments in branding and R&D, the company reported a 16.5% rise in profit attributable to equity shareholders, excluding non-cash accounting gains. The company also maintained strong cash flow, with a net cash inflow from operating activities of RMB16,741 million. A final dividend of HK118 cents per share has been recommended, pending shareholder approval.
More about ANTA Sports Products
ANTA Sports Products Limited is a company incorporated in the Cayman Islands, operating within the sportswear industry. The company focuses on the design, development, manufacture, and marketing of sportswear products, with a market presence in Hong Kong and China.
YTD Price Performance: 22.15%
Average Trading Volume: 3,726
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $35.82B
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