Arc'teryx's parent company turned a profit in the first half of the year, with Arc'teryx becoming the main "engine"

[Rina77RS]

It is worth mentioning that on the day of the semi-annual report release, Shanghai Jahwa also issued an announcement stating that due to internal work adjustments, the former CFO Han Min agreed to resign and Luo Yongtao took over the position of CFO. After Han Min resigned, he still served as the company's deputy general manager and secretary of the board of directors. Prior to this, at the end of July, Shanghai Jahwa's deputy general manager Ye Weimin also resigned from the company's deputy general manager and all related company directors and other related positions for personal reasons. After leaving the company, he will be employed as an external consultant of the company.

Data shows that in the first half of the year, Amer Sports achieved indonesia phone number sample revenue of US$2.177 billion, a year-on-year increase of 14.14%; net profit was US$5.1 million, turning losses into profits. In the same period last year, the company's net profit loss reached US$78.1 million; adjusted net profit was US$263 million, a year-on-year increase of 7.26%.



In the first half of 2024, Amer Sports' revenues from the European, Middle Eastern and American markets were US$590 million and US$780 million, respectively, up only 0.6% and 0.2% year-on-year, while revenues from the Greater China and Asia-Pacific consumer markets grew 52.3% and 38.9% year-on-year, reaching US$600 million and US$210 million, respectively.

As of June 30, 2024, the company's own retail stores increased by 49 in total, and online e-commerce direct sales traffic also increased. Among them , Arc'teryx, an outdoor functional clothing brand, has 203 self-owned stores, a year-on-year increase of 17%; Salomon, a ski and outdoor mountain clothing brand, has 160 stores, a year-on-year increase of 44.1%; Wilson, a ball and racket equipment brand, has 26 stores, a year-on-year increase of 117%.