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Goodbaby International Holdings ( (HK:1086) ) has provided an announcement.
Goodbaby International Holdings Limited has announced an expected increase in net profit for the year ending December 2024, with projections ranging from HK$325 million to HK$375 million, compared to HK$208.5 million the previous year. This anticipated growth is attributed to increased revenue, improved gross margins, and favorable brand revenue mix, although offset by rising sea freight costs and foreign exchange fluctuations. The figures are based on unaudited management accounts, and actual results may vary, advising investors to exercise caution.
More about Goodbaby International Holdings
Goodbaby International Holdings Limited is a company incorporated in the Cayman Islands, focusing on the production and sale of products in the juvenile and baby care industry. It is listed on the Hong Kong Stock Exchange and serves a global market with a diverse range of baby products.
YTD Price Performance: 15.45%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $220.5M
See more insights into 1086 stock on TipRanks’ Stock Analysis page.
