- Ridge Outdoor published an annual results announcement reporting revenue of RMB662.5 million, up 15.5%.
- Gross profit rose 22% to RMB186.2 million, and gross margin increased by 1.5 percentage points to 28.1% on a higher mix of high value-added products and own-brand sales, favorable iron prices, and efficiency gains from new equipment and process improvements.
- Profit increased 24.4% to RMB73.9 million.
- Own-brand (OBM) revenue grew 30.5% to RMB53.9 million, with the company citing localized marketing and team expansion in Europe under its SOLAR TACKLE brand.
- The board did not recommend a final dividend, and said net listing proceeds were HKD285.2 million following its Main Board listing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ridge Outdoor International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260326-12070316), on March 26, 2026, and is solely responsible for the information contained therein.
Comments