Anta sports (suggested buying) announced that last year's net profit increased 2.6 times to 537 million 800 thousand yuan.

During the period, turnover increased 2.5 times to 3 billion 180 million while interest income rose from 1 million 260 thousand yuan to 127 million 300 thousand.

Thanks to the improvement of product mix, the gross profit margin of the group increased by 33.2%.

The group also increased the average selling price of wave shoes to distributors by 29% to 88 yuan, accounting for 52.9% of the total sales.

Looking forward to the future, as the order has increased by 50% in January, it is expected to maintain high growth this year.

The group also plans to increase profitability through the renovation shop and further raise gross margin to 38% level.