HK Stock Market Move | XTEP INT'L (01368) rose over 5% in the afternoon; net profit for the first half of the year fell by 10% year-on-year; interim dividend maintained at 18 Hong Kong cents.
Xtep International (01368) rose over 5% in the afternoon, and as of the time of writing, it is up 5.18%, trading at HKD 3.755, with a transaction volume of HKD 58.7258 million.
XTEP INT'L (01368) rose over 5% in the afternoon, with a current increase of 5.18%, priced at HKD 3.755, with a transaction amount of HKD 58.7258 million.
In news, XTEP INT'L released its interim results for the fiscal year 2026 today. The group achieved revenue of RMB 6.795 billion during the period, a decrease of 0.62% year-on-year; the profit attributable to ordinary shareholders was RMB 818 million, down 10.47% year-on-year; basic earnings per share were 30.02 cents; the board declared an interim dividend of HKD 0.18 per share, unchanged year-on-year, with the option to receive dividend shares in lieu of cash. The dividend payout ratio increased to 53.8%.
Revenue from the main Xtep brand fell slightly by 2.2% to RMB 5.92 billion, while the professional sports division saw a remarkable growth of 11.4%, reaching RMB 875 million; revenue from overseas operations more than doubled year-on-year, benefiting from strong cross-border e-commerce momentum and the strategic opening of new flagship stores in Southeast Asian markets.
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