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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . TOPSPORTS INTERNATIONAL HOLDINGS LIMITED 滔 搏 國際 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 6110 ) LATEST OPERATIONAL UPDATE FOR THE FIRST QUARTER OF FY2026 / 27 This announcement is made on a voluntary basis by the board of directors ( the " Board " ) of Topsports International Holdings Limited ( the " Company " , together with its subsidiaries , the " Group " ) to provide the operational update on the Group's business for the first quarter of FY2026 / 27 ( three months from 1 March 2026 to 31 May 2026 ) . For the first quarter of FY2026 / 27 , the total sales of retail and wholesale operations registered a low - teens decline on a year - on - year basis . As at 31 May 2026 , the gross selling area of directly - operated stores declined by 2.9 % since the end of previous quarter , and declined by 11.2 % on a year - on - year basis . Total sales of retail operations refers to the sales ( including but not limited to value added tax ) from transactions with consumer made in directly - operated stores ( offline channel ) and on e- commerce platforms ( online channel ) . Total sales of wholesale operations refers to the sales ( including but not limited to value added tax ) from transactions with downstream retailers . The Company's shareholders and potential investors should note that this announcement above is based on unaudited operational data of the Group and this data has not been audited or reviewed by Group's auditors . The data does not constitute , represent or indicate the full picture of the Group's total revenue or financial performance and the information contained in this announcement may be subject to change and adjustment . The Company's shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company .