Anta Sports delivers strong first-half results

Anta Sports Products Ltd posted strong half-year results underpinned by the strong growth of its fashion sports brand Fila, reorganization efforts to improve efficiency and the booming sports industry in the country.

Anta Group, the world's third-largest sportswear company by revenue, saw revenue increase 40 percent to 14.8 billion yuan ($2.07 billion) and profits increase 58 percent to 4.2 billion yuan in the first six months, according to its half-year financial report, which was released in late August.

Fila's revenue climbed 79.9 percent to 6.54 billion yuan in the first six months, and gross profit grew 79.2 percent to 4.7 billion yuan or 71.5 percent of the company's total revenue, up 10 percentage points compared to last year.