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Playmates Toys Issues Profit Warning Amid Revenue Decline

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Playmates Toys Issues Profit Warning Amid Revenue Decline

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Playmates Toys ( (HK:0869) ) just unveiled an update.

Playmates Toys Limited has issued a profit warning, reporting a significant decline in revenue and a shift from profit to loss for the first quarter of 2025 compared to the same period in 2024. The decrease in revenue is attributed to reduced shipments of Godzilla x Kong products following the movie release in 2024 and a drop in demand for TMNT products due to the lack of major entertainment events. Additionally, increased expenses for product development and a loss in treasury investments have further impacted the financial results.

More about Playmates Toys

Playmates Toys Limited is a company incorporated in Bermuda, primarily engaged in the toy industry. The company is known for its production of toys related to popular entertainment franchises, including Godzilla x Kong and Teenage Mutant Ninja Turtles (TMNT).

Average Trading Volume: 697,039

Technical Sentiment Signal: Hold

Current Market Cap: HK$613.6M

For detailed information about 0869 stock, go to TipRanks’ Stock Analysis page.

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