Movement Alert|Bosideng Rises 7.99% in Regular Trading, Annual Earnings Beat Expectations Boosting Market Confidence

Market Focus06-26 10:36

On June 26, Bosideng rose 7.99% in regular trading, trading at HKD 3.91/share, with turnover of HKD 106 million.

On the news front, Bosideng released its annual results for the fiscal year ended March 31 on the evening of June 25, reporting revenue up 5.6% year-over-year to approximately RMB 27.35 billion, operating profit up 6.6% to approximately RMB 5.294 billion, and profit attributable to equity shareholders up 13.7% to approximately RMB 3.994 billion, with basic earnings per share of RMB 34.57 cents. The core Bosideng brand recorded revenue growth of 6.9% to approximately RMB 19.752 billion, demonstrating steady momentum. The company also announced a proposed final dividend of HKD 25.0 cents per share, to be distributed on September 15, offering an attractive dividend yield at current price levels. The better-than-expected profit growth driven by AI-powered digital transformation across the value chain further bolstered investor sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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