Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
LI NING Maintains Cautious 2H25 Mkt Outlook, Aims for Flattish Full-yr Rev.
Recommend 4 Positive 8 Negative 2 |
||||
|
||||
|
Zhao Dong Sheng, Group Vice President and CFO of LI NING (02331.HK), said that the domestic consumption market continued its moderate recovery trend in 1H25. However, the YoY growth rate of social retail slowed in June, reflecting fluctuations in consumer confidence and more rational consumption behavior. It is expected that challenges related to weak consumption demand and confidence will persist in 2H25, with ongoing terminal challenges and potential risks. The Group's 2H25 expenses are usually higher than in 1H25, and additional Olympic-related expenses will be more fully released in 2H25, Zhao added. Therefore, its current 2H25 outlook is more cautious, maintaining the goal of flattish full-year revenue and achieving a high single-digit net profit margin. He believed that the gross profit margin will not fluctuate significantly, with the aim to maintain a core operating goal of a 50% gross profit margin. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
