Stock Track | TOPSPORTS Soars 12.17% Intraday on Full-Year Results and Dividend Boost

Stock Track09:51

TOPSPORTS (06110) saw its stock price soar 12.17% during intraday trading on Thursday, marking a significant upward movement.

The surge followed the company's announcement of its full-year results after the market closed on Wednesday. Despite a 4.7% year-on-year decrease in revenue to RMB 25.74 billion for the period ending February, net profit declined only 1.5% to RMB 1.267 billion, with the rate of decrease narrowing significantly from the prior fiscal year. The board proposed a final dividend of 3 cents per share and a special dividend of 12 cents per share, totaling 15 cents per share, which exceeds the combined 14 cents per share dividend from the same period last year.

Investors responded positively to the improved profitability trend and the increased dividend payout, driving the stock higher despite a low single-digit percentage decrease in total sales value for the retail and wholesale businesses in the fourth quarter of the 2025/26 fiscal year.

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