Topsports International Reports Lower Fiscal H1 Profit

MT Newswires Live10-24

Topsports International Holdings (HKG:6110) reported a profit attributable to the company's equity holders of 873.8 million yuan for the six months ended Aug. 31, compared with 1.34 billion yuan in the prior-year period, according to its interim results filed with the Hong Kong bourse on Wednesday.

Earnings per share were 0.1409 yuan, compared with 0.2156 a year ago.

Revenue for the half declined to 13.05 billion yuan from 14.18 billion yuan in the previous year.

The sportswear company's board declared an interim dividend of 0.14 yuan per share, down from 0.16 yuan in the year-ago period.

Price (HKD): $2.84, Change: $+0.080, Percent Change: +2.90%

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