RIDGE OUTDOOR Shares Surge Nearly 20% on Strong Market Position

Stock News
Feb 16

RIDGE OUTDOOR (02720) saw a significant increase of nearly 20% in its share price. At the time of writing, the stock was up 19.68%, trading at HK$30.04 with a turnover of HK$8.9977 million. Public information indicates that RIDGE OUTDOOR is a global leader in fishing equipment manufacturing, holding a 23.1% market share in 2024, which solidifies its top position worldwide. From January to August 2025, the company reported revenue of RMB 460 million, an 18% year-on-year increase, and a net profit of RMB 56.24 million, up 20% compared to the same period last year. Analysts note that the company's leading industry position and expansion into OBM operations are expected to help it capture further market opportunities. It has established long-term, stable partnerships with well-known outdoor equipment brands and offers a diverse product portfolio catering to various fishing scenarios. The core management team possesses extensive experience, having been deeply involved in the industry for many years.

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