Anta Sports Products' net profits jump 30%

Anta Sports Products Limited net profits for 2019 jumped 30.3 percent to 5.34 billion yuan ($754 million) and earnings reached a record high to about 34 billion yuan, surging by over 40 percent year-on-year, driven up mostly by the growth of its sports brand Anta and fashion sports brand Fila.

The world's leading sportswear company said on Tuesday that revenue of the Anta brand reached 17.45 billion yuan, up 21.8 percent, and revenue of the Fila brand reached 14.77 billion yuan, up 73.9 percent.