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An update from Playmates Holdings ( (HK:0635) ) is now available.
Playmates Holdings Limited has issued a profit warning, revealing a significant decline in revenue and profit for the first quarter of 2025 compared to the same period in 2024. The decrease is attributed to reduced shipments of Godzilla x Kong products and lower demand for Teenage Mutant Ninja Turtles toys, alongside increased expenses for upcoming product launches and a loss in treasury investments. This announcement signals potential challenges for the company’s financial performance and may impact stakeholder confidence.
More about Playmates Holdings
Playmates Holdings Limited, incorporated in Bermuda, operates primarily in the toy industry through its major subsidiary, Playmates Toys. The company is known for producing and distributing popular toy lines such as Godzilla x Kong and Teenage Mutant Ninja Turtles, focusing on leveraging major entertainment events to drive product demand.
Average Trading Volume: 195,121
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.05B
For a thorough assessment of 0635 stock, go to TipRanks’ Stock Analysis page.