Xtep announces interim dividend with scrip option, robust financial growth
Xtep International Holdings Limited has declared an interim dividend of HK18.0 cents per share for the six months ended 30 June 2025, offering shareholders a scrip dividend option. The conversion price for the scrip shares is fixed at HK$6.407 per share, based on the average closing prices up to 9 September 2025. The deadline for electing the scrip dividend option is 4:30 p.m. on 8 October 2025, with payment and share certificate despatch scheduled for 30 October 2025.
The company's interim report reveals revenue of RMB6,837.6m, an increase of 7.1% from RMB6,381.7m in the same period of 2024. Profit attributable to ordinary equity holders rose by 21.5% to RMB913.6m (1H2024: RMB752.1m), resulting in basic earnings per share of RMB34.55 cents. The interim dividend represents a payout ratio of 50.0%.
The Group’s net cash and cash equivalents increased to approximately RMB1,912.8m as of 30 June 2025, up from RMB984.7m at 31 December 2024. This growth reflects strong operating cash flows and effective financial management, with total equity reaching RMB9,876.0m, a 9.6% increase since 31 December 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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