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<Results>POU SHENG INT'L 9M25 NP Plunges 50.1% YoY to RMB171M
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POU SHENG INT'L (03813.HK) has announced that its turnover for the nine months ending September 30, 2025, declined by 7.7% YoY to RMB12.903 billion, while its net profit plunged by 50.1% YoY to RMB171 million. The group said in its results that it continued to face headwinds from subdued consumer confidence and elevated industry inventory levels, leading to weak foot traffic and aggressive promotional activity. Despite its sustained efforts in dynamic inventory management, stringent expense controls, and organizational adjustments, the decline in sales scale led to operating deleverage. This impact was particularly evident in 3Q25, a softer season for retail where the group's lack of scale became more pronounced. However, the group's online sales momentum remained solid as it continued to enhance its omni-channel capabilities in China's highly competitive sportswear e-commerce landscape, partially mitigating the ongoing pressure on its offline retail channels. AAStocks Financial News |
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