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Benzinga
Benzinga
World
The Bamboo Works

Xtep Revenue Leaps to Record on China's New Long Run to Sports

Key Takeaways:

  • Xtep’s revenue grew 23% last year to a record 10 billion yuan, though its newer brands lost money
  • The company is less profitable than industry leaders Anta and Li Ning, leading its shares to trade at a discount
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