FUZHOU, Aug. 26 -- Anta Sports, China's largest sportswear company, posted a record revenue of 14.81 billion yuan (about 2.07 billion U.S. dollars) in the first half of 2019, as its businesses expanded on strong demand in China for sportswear and sporting goods.
The Fujian-based company's revenue recorded a 40.3-percent growth year on year, and its net profit in the same period rose 58.4 percent to 4.26 billion yuan, Anta said in its interim results for the year 2019.
As part of its global ambition, Anta Sports, together with other investors, completed the acquisition of Finland's Amer Sports in March, following its acquisition of a slew of global brands including Descente and Kolon Sport in recent years.
In 2009, Anta acquired franchises for Fila Group's trademarks on the Chinese mainland as well as in Hong Kong and Macao.
Ding Shizhong, CEO of Anta Group, said in the second half of the year, the group will promote the development of innovative organizations and capabilities, thereby forming a new driving force for the group.
Anta Sports, with headquarters in Xiamen, east China's Fujian Province, was listed on the Hong Kong Stock Exchange in 2007.