14 May 2026 Xtep delivered solid FY25 results, with revenue up 4.2% YoY to Rmb14,151m and NP up 10.8% YoY to Rmb1,372m. Excluding the disposal impact from K&P in FY24, comparable continuing-operations NP grew c.5.1% YoY. The company declared a
CROSBY Research – Xtep (1368 HK/BUY): Solid FY25 results; Multi-brand strategy continues to gain traction

