Li Ning Company Limited ( (LNNGF) ) has released its Q2 earnings. Here is a breakdown of the information Li Ning Company Limited presented to its investors.
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Li Ning Company Limited, a prominent player in the sportswear industry, is engaged in the design, manufacture, and distribution of sports-related footwear, apparel, equipment, and accessories primarily in China. In its recent earnings report for the first half of 2025, Li Ning Company Limited announced a revenue increase of 3.3% to RMB14.8 billion, despite a slight decline in net profit attributable to equity holders, which fell by 11% to RMB1.74 billion. The company’s gross profit margin experienced a minor decline to 50%, while EBITDA margin stood at 23.7%. Li Ning’s e-commerce channels showed robust growth, contributing significantly to the overall revenue increase, while sales from franchised distributors also rose. However, revenue from direct operations saw a decline, reflecting challenges in the retail sector. Looking ahead, Li Ning remains focused on optimizing its channel structure and enhancing brand competitiveness, with management expressing confidence in achieving sustainable growth through strategic investments and operational improvements.