Playmates Toys Limited (the “Company”) expects its consolidated revenue for the year ended 31 December 2025 to be approximately HK$512 million, compared with HK$931 million in 2024. The Company further anticipates a net loss of around HK$15 million for 2025, contrasting with a net profit of HK$132 million for the prior year.

According to the preliminary assessment, the downturn is mainly attributed to a decline in revenue stemming from reduced shipments of Godzilla x Kong merchandise, moderating demand for Teenage Mutant Ninja Turtles products, and certain disruptions in the U.S. market during April 2025. Tariffs also negatively impacted profitability starting in the second quarter, although partial offset was reported from selective pricing adjustments introduced in the third quarter. In addition, net unrealised and realised gains on listed equity securities and interest income for 2025 were lower than in 2024.

The Company is finalising its financial statements and intends to release the full-year results on 13 March 2026. Shareholders and investors are advised to exercise caution when dealing in the Company’s shares.