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Business

ANTA profit up

1
2015-08-06 09:50Global Times Editor: Li Yan

ANTA Sports Products, China's top sportswear retailer by market value, said that its first-half net profit rose by one-fifth due to growth in sales of its children's lines and high-end FILA apparel and footwear in its offline and online stores.

ANTA said its earnings grew to 965.3 million yuan ($155.48 million) for the first half from 802.8 million yuan a year earlier. Revenue rose 24 percent to 5.1 billion yuan and the gross profit margin widened to 46.6 percent from 45.1 percent, it said.

  

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