361 Degrees International Posts 20% Increase in 2024 Profit, Share Prices Rise 4%

MT Newswires Live

2025/03/12

361 Degrees International (HKG:1361) reported a 20% increase in profit attributable to equity shareholders for 2024 to 1.15 billion yuan from 961.4 million yuan a year earlier, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share were 0.556 yuan, compared with 0.465 yuan a year earlier.

Revenue of the sportswear brand increased by 20% to 10.1 billion yuan from 8.42 billion yuan a year earlier.

The board recommended a final dividend of HK$0.1 per ordinary share, subject to approval.

The company's shares were up 4% in the recent trading.

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