Anta Sports Products' net profits jump 30%

The company has projected achieving positive annual growth by the end of 2020 driven by the rebound of the domestic economy in the second half of the year.

The group is estimated to reach a low-double digit business decrease for the first half this year and the momentum is expected to be regained in the second half as the domestic economy is rebounding. Therefore, the group is confident it will achieve positive annual growth by the end of 2020.