Topsports International Reports Decline in Annual Profits

An announcement from Topsports International Holdings Limited ( (HK:6110) ) is now available.

Topsports International Holdings Limited announced its annual results for the year ended 28 February 2025, reporting a decline in revenue and profits compared to the previous year. The company’s revenue decreased from RMB 28,933.2 million to RMB 27,012.9 million, and profit attributable to equity holders fell from RMB 2,213.0 million to RMB 1,286.0 million. This decline is reflected in the reduced gross profit margin and operating profit margin, indicating challenges in maintaining profitability. The results suggest potential impacts on the company’s market positioning and may concern stakeholders regarding future financial performance.

The most recent analyst rating on (HK:6110) stock is a Hold with a HK$2.55 price target. To see the full list of analyst forecasts on Topsports International Holdings Limited stock, see the HK:6110 Stock Forecast page.

More about Topsports International Holdings Limited

Topsports International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the retail industry. The company focuses on sportswear and sports equipment, catering to a market that values athletic and leisure products.

Average Trading Volume: 31,483,247

Technical Sentiment Signal: Sell

Current Market Cap: HK$20.34B

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