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Article Date: August 2024
Word Count: 505

Anta Sports Net Soars on Double Digit Sales Growth


Net income attributable to shareholders was up 63% to RMB 7,721 million ($1,080.9 million) over RMB 4,748 million for the first half ended June 30, on revenue growth of 14% to RMB 33,735 million ($4,722.9 million) from RMB 29,645 million bolstered by favorable domestic government policy, heat around the Summer Olympics and e-commerce gains. Total e-commerce was up 25% to RMB 11,402 million, rising to 33.8% of sales compared to 30.8% in the prior year on gains in both traditional e-commerce and expansion of social media platform sales. By category, footwear ... Log in to view full article.

 


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