GOODBABY INTL (01086) announced that for the nine months ended September 30, 2025 (the Period), the Group's unaudited consolidated revenue decreased by 1.1% to approximately HK$6.42 billion from HK$6.493 billion in the corresponding period of 2024. Exchange rate fluctuations, particularly in the RMB and EUR against HKD, contributed to discrepancies between revenue changes in original currencies and reported HKD figures. On a constant currency basis, revenue declined by 2.5% year-on-year.

Amid a challenging macroeconomic environment, the Group's revenue saw a slight decline of 1.1% (or 2.5% on a constant currency basis). The CYBEX brand maintained robust growth in Q3, building on its strong performance in H1 and further expanding its global market share despite worsening consumer sentiment. It continues to solidify its leadership as a premium "tech-lifestyle" brand. Meanwhile, the Evenflo brand's revenue decline was primarily driven by weaker car seat sales, partially offset by growth in strollers. The gb brand's revenue drop stemmed mainly from wholesale channels. The Group's blue-chip business faced significant pressure in Q3 due to increased tariffs and macroeconomic headwinds, leading to reduced orders from key clients. However, relationships with these clients remain stable.

Global demand for the Group's products demonstrated resilience, reinforcing its industry leadership. Ongoing commitments to product innovation earned the Group multiple prestigious awards during the Period, including three Red Dot Design Awards, two JPMA Excellence Awards, two NAPPA Innovation Awards, inclusion in TIME's 2025 Best Inventions list, one iF Design Award, and one PARENT Magazine Innovation Award. The Group also continued diversifying its omnichannel distribution network—a critical infrastructure supporting long-term growth and consumer-centric services.

For the remainder of the year, persistent macroeconomic uncertainties—including geopolitical conflicts, international tensions, and conservative consumer sentiment—are expected to pressure performance. Nevertheless, the Group remains confident in its vertically integrated platform strategy and long-term sustainable development goals.