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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.