On March 5, Eastern time, Amalfen Sports released a financial report saying that its operating income in the fourth quarter of fiscal year 2023 was 13US$1.5 billion, up 10% year-on-year; The net loss was 0US$9.5 billion, a year-on-year decrease of 36%.
In fiscal year 2023, the operating income of Amalfen Sports was 43US$6.8 billion, a year-on-year increase of 23%; The net loss was 20.9 billion US dollars, the loss narrowed by 17 percent year-on-year4%。
From a regional perspective, in fiscal year 2023, Amalfen Sports' business in Greater China will be 8US$4.1 billion, a year-on-year increase of 61%, accounting for nearly 20%; Asia-Pacific increased by 40% year-on-year; The Americas grew by 15%; Europe, Middle East and Africa grew by 14 percent.
According to public information, Amalfen Sports was founded in the Netherlands in 1950, initially engaged in the tobacco business, and transformed into a sporting goods business in 1974, with brands including the French mountain outdoor off-road brand Salomon (Salomon), the American tennis equipment brand Wilson (Wilson and the well-known high-end outdoor equipment brand Arc'teryx) in China. On February 1, 2024, Amalfen Sports was listed on the New York Stock Exchange.
As of March 5**, Amalfen Sports reported 16$48 shares, down 496% with a total market capitalization of 83$1.1 billion.