Xtep reported a 10.8 per cent increase in net profit for 2019 on Wednesday. Photo: Edmond So Xtep reported a 10.8 per cent increase in net profit for 2019 on Wednesday. Photo: Edmond So
Xtep reported a 10.8 per cent increase in net profit for 2019 on Wednesday. Photo: Edmond So

Hong Kong-listed sportswear maker Xtep reports rise in net profit, says ‘double-digit’ growth still possible in 2020

  • Hong Kong-listed company says Covid-19 outbreak might lead to price war in short term
  • Outbreak has forced company to cut costs, delay store openings for foreign brands

Topic |   Coronavirus pandemic
Xtep reported a 10.8 per cent increase in net profit for 2019 on Wednesday. Photo: Edmond So Xtep reported a 10.8 per cent increase in net profit for 2019 on Wednesday. Photo: Edmond So
Xtep reported a 10.8 per cent increase in net profit for 2019 on Wednesday. Photo: Edmond So
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