ANTA Sports Products' (HKG:2020) attributable profit rose 52% to 15.6 billion yuan in 2024 from 10.2 billion yuan in 2023, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share at the sports equipment company increased to 5.41 yuan from 3.60 yuan in the previous year. Analysts at Visible Alpha expected EPS at 4.68 yuan.

Revenue grew 14% to 70.8 billion yuan from 62.4 billion yuan a year earlier. Visible Alpha analysts forecast revenue at 69.5 billion yuan.

The company declared a final dividend of HK$1.18 per share, payable May 26 to shareholders on record as of May 13.

Meanwhile, Anta said it remains optimistic about its mid- to long-term growth prospects despite macroeconomic and consumer market uncertainties.

Anta expects to have about 6,900 to 7,000 stores by the end of 2025, while it forecasts Anta Kids to have 2,600 to 2,700 stores.

Fila is seen to have 2,100 to 2,200 stores by year-end, while Descente expects 260 to 270 stores and Kolon Sport forecasts 190 to 200 stores by year-end.