Xtep International Holdings ( (XTPEF) ) has released its Q2 earnings. Here is a breakdown of the information Xtep International Holdings presented to its investors.
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Xtep International Holdings Limited is a leading multi-brand sportswear company, primarily engaged in the design, development, manufacturing, sales, marketing, and brand management of sports products, including footwear, apparel, and accessories, targeting both mass market and professional sports segments through an extensive distribution network.
In its latest earnings report for the first half of 2025, Xtep International Holdings Limited announced a 7.1% increase in revenue from its continuing operations, reaching RMB6,837.6 million, driven by the stable performance of its core Xtep brand and significant growth in the professional sports segment.
Key financial highlights include a 4.5% increase in revenue for the core Xtep brand and a 32.5% rise in the professional sports segment. Operating profit grew by 9.1% to RMB1,304.8 million, with a notable 236.8% increase in the professional sports segment’s operating profit. The company also reported a 21.5% rise in profit attributable to ordinary equity holders, amounting to RMB913.6 million, and maintained a healthy balance sheet with a 94.3% increase in net cash and cash equivalents.
Looking forward, Xtep’s management remains optimistic about the company’s growth prospects, focusing on expanding its market presence and leveraging its strong brand portfolio to capture a larger share of the sportswear market. The company is strategically positioned to benefit from the growing demand for sports products, driven by increased sports participation and health awareness.
Overall, Xtep International Holdings Limited is well-positioned to continue its growth trajectory, supported by its strategic focus on the running sector and its commitment to innovation and market expansion.