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Chinese Sports Giant Anta Boosts Revenue – Xinhua

The Fujian-based company raked in 49.3 billion yuan ($7.7 billion) in revenue last year, a 38.9% surge, sustaining growth for the eighth consecutive year


Chinese Sports Anta
Anta and Fila are the group's core brands. Photo: Anta Group

 

Anta Sports, China’s largest sportswear company, posted robust performance in 2021 with its operating revenue reaching a record high, Xinhua reported, citing a Hong Kong stock exchange filing on Tuesday.

The Fujian-based company raked in 49.3 billion yuan ($7.7 billion) in revenue last year, a 38.9% surge, sustaining growth for the eighth consecutive year, according to its annual financial results.

Read the full report: Xinhua

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.