tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Playmates Toys Faces Revenue Decline Amidst Trade Challenges

Story Highlights
Playmates Toys Faces Revenue Decline Amidst Trade Challenges

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Playmates Toys ( (HK:0869) ) has issued an update.

Playmates Toys reported a challenging first half of 2025, with revenue dropping by 58% to HK$186 million compared to the same period in 2024. The decline was attributed to reduced shipments of Godzilla x Kong products, decreased demand for Teenage Mutant Ninja Turtles toys, and disruptions in the U.S. market due to trade tensions. The company faced an operating loss of HK$45 million and a net loss of HK$25.6 million. Despite these challenges, Playmates Toys is actively developing new products and expanding its brand portfolio, including a new global license agreement with Hasbro for Power Rangers toys and the upcoming release of a Winx Club toy line.

More about Playmates Toys

Playmates Toys Limited is a company incorporated in Bermuda with limited liability, primarily operating in the toy industry. The company is known for its development and distribution of popular toy lines, including Teenage Mutant Ninja Turtles, Power Rangers, and Godzilla x Kong, with a focus on engaging children through innovative products and partnerships with major entertainment franchises.

Average Trading Volume: 831,388

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$696.2M

Find detailed analytics on 0869 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1