361 Degrees net profit rises eight per cent to RMB930 million
Sportswear brand 361 Degrees reported an eight per cent growth in first half profit to RMB930 million on 19 August 2026 declaring an interim dividend
361 Degrees International Limited, a leading sportswear brand in China, reported an eight percent rise in net profit for the six months ending June 30th, 2026. The company's unaudited interim results reveal that revenue increased by 8.0% year on year to RMB6,159.8 million, with gross profit up by 8.7% to RMB2,572.9 million. The gross profit margin improved by 0.3 percentage points to 41.8%.
Profit attributable to equity holders also grew by 8.0% to RMB925.9 million. The company launched 187 new stores nationwide, including 152 core brand stores and 35 kids' stores, and expanded its presence in Cambodia. 361 Degrees also partnered with JD Instant Delivery to implement an instant retail strategy, integrating offline physical stores with six online channels.
The e-commerce business focused on exclusive sports products, growing revenue and profitability in emerging sports like tennis, badminton, and pickleball. 361 Degrees served as the official partner for the Asian Games torchbearers and sponsored the Flying Flame 5 and Tokyo-exclusive colored edition running shoes, among other initiatives.
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