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Kidsland International Reports Revenue Decline Amid Market Challenges

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Kidsland International Reports Revenue Decline Amid Market Challenges

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Kidsland International Holdings Limited ( (HK:2122) ) has shared an announcement.

Kidsland International Holdings Limited reported a 15.7% decrease in revenue for the year ended December 31, 2024, amidst challenging market conditions. Despite the decline, the company increased revenue from distributors by 35.3% through strengthened brand collaborations and expanded its market presence by launching new kidult-focused stores. The company also reduced operating costs by 13.9% and improved inventory management, positioning itself for future growth.

More about Kidsland International Holdings Limited

Kidsland International Holdings Limited is a company operating in the retail industry, focusing on toys and related products. It collaborates with both international and local brands to offer a diverse range of products, including kidult merchandise, targeting a broad audience from children to young adults.

YTD Price Performance: 32.00%

Average Trading Volume: 2,288,528

Technical Sentiment Signal: Sell

Current Market Cap: HK$72.99M

See more insights into 2122 stock on TipRanks’ Stock Analysis page.

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