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The latest announcement is out from Playmates Holdings ( (HK:0635) ).
Playmates Holdings Limited has issued a trading update reflecting a downturn in revenue and profit for its subsidiary Playmates Toys Limited (PTL) for the year ended 31 December 2024. PTL expects revenue and profit before tax to decline to HK$931 million and HK$178 million, respectively, down from HK$1,109 million and HK$261 million the previous year. This anticipated decline is expected to impact Playmates Holdings’ consolidated financial performance. The financial results for the year are set to be announced on 14 March 2025, with stakeholders advised to exercise caution.
More about Playmates Holdings
Playmates Holdings Limited is a company incorporated in Bermuda, primarily involved in the toys industry through its major subsidiary Playmates Toys Limited (PTL), which is listed on the Main Board of The Stock Exchange of Hong Kong Limited.
YTD Price Performance: 6.67%
Average Trading Volume: 3,346
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $148.7M
Learn more about 0635 stock on TipRanks’ Stock Analysis page.