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Anta Group: Revenue in 2024 is expected to exceed 70.8 billion yuan, a year-on-year growth of 13.6%.
On March 19, Anta Group released its annual performance announcement for 2024. The earnings report shows that in 2024, Anta Group's revenue reached a historical high, increasing by 13.6% year-on-year to 70.826 billion yuan, maintaining the top position in the entire Industry market in China for three consecutive years; the group's operating profit rose by 8% year-on-year to 16.595 billion yuan. It is reported that the Amer Sports acquired by Anta Group has successfully been listed on the NYSE, with 2024 revenue growing by 17.8% year-on-year to 5.183 billion USD, converting to 37.752 billion yuan at applicable exchange rates, driving the momentum for both Anta Group and Amer Sports.
Shares of Apparel Companies Are Trading Higher Amid a Continued Market Rebound Despite Mixed Sales Data.
Express News | Shares of Apparel Companies Are Trading Higher Amid a Continued Market Rebound Despite Mixed Sales Data
BofA Securities Maintains Amer Sports(AS.US) With Buy Rating, Maintains Target Price $35
Amer Sports, Inc.: Strong Brand Positioning and Global Expansion Drive Promising Growth Prospects
Express News | Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Lower Amid Recession Worries Due to Tariffs and Trade Policy Uncertainty. Additionally, Consumer Spending Is Expected to Be Impacted, Which Is Weighing on the Industry
