Dream International ( (DRMMF) ) has released its Q4 earnings. Here is a breakdown of the information Dream International presented to its investors.
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Dream International Limited, a Hong Kong-based company, specializes in the manufacturing of plush stuffed toys, plastic figures, and tarpaulins, operating primarily in the toy and manufacturing industry with a strong presence in Asian markets. In its latest earnings report for the year ending December 31, 2024, Dream International reported a slight increase in revenue to HK$5,450 million, driven by steady sales in plush stuffed toys and increased orders for plastic figures, despite facing intensified competition and geopolitical challenges. Key financial highlights include a gross profit of HK$1,253.9 million, a net profit of HK$738.5 million, and a healthy financial position with cash and cash equivalents amounting to HK$1,607.4 million. The company also proposed a final dividend of HK40 cents per share, reflecting its commitment to rewarding shareholders. Looking ahead, Dream International plans to enhance its production efficiency and capacity, expand its market reach, and continue its focus on sustainability and innovation to navigate economic uncertainties and capitalize on growth opportunities in the global toy market.