GOODBABY INTL (01086) has announced its unaudited consolidated management accounts for the three months ended March 31, 2026. The Group's revenue for the period increased by 6.4% to approximately HK$2.066 billion, compared to about HK$2.035 billion in the corresponding period of 2025. Exchange rates during the period fluctuated compared to the same period in 2025, particularly for the Renminbi and Euro against the Hong Kong Dollar. This fluctuation caused a discrepancy between the revenue change calculated in the original currencies and the reported change in Hong Kong Dollars due to currency translation. On a constant currency basis, the Group's revenue for the period decreased by 0.9% compared to the corresponding period in 2025.

During this reporting period, despite heightened volatility and uncertainty in the macro environment, the Group achieved steady revenue performance, growing 6.4% year-over-year (down 0.9% on a constant currency basis). CYBEX continued to grow on the high base from the same period in 2025, leveraging its strong business momentum to significantly increase market share across various markets and product categories in a challenging environment. Evenflo achieved positive revenue growth, driven by strong performance in strollers and home products, which offset a decline in the car seat category. The decline in car seats was primarily due to inventory destocking by major channels, although the brand's market share in that category continued to improve. The revenue decline for the gb brand mainly stemmed from non-durable goods categories. The brand continues to focus on developing its core durable goods categories, with robust performance in durable car seats partially offsetting the aforementioned decline. Blue-chip business revenue receded from the high base established in the same period of 2025, which was due to customers placing concentrated advance orders. The Group continues to provide efficient, high-quality, and timely services to its blue-chip clients.

The Group remains firmly committed to its long-term strategy of globalization and multi-brand independent operations, developing steadily to consolidate its industry-leading position as a children's products brand company. CYBEX has further strengthened its leadership as a globally leading premium "tech-lifestyle" brand, continuously increasing its market share. The Evenflo business is steadily recovering, further solidifying its position as a top brand in the North American market. The gb brand is advancing its business transformation, focusing on core category development, and maintains its position among the leading brands in the Chinese market with a strong brand reputation.

The Group operates each brand through an omnichannel sales network, continuously deepening its globalization strategy to provide products and services to consumers in over 110 countries and regions worldwide. Its integrated platform for diversified manufacturing and operational services continues to support the development of the Group's owned brands and blue-chip business, building strong Group competitiveness. The Group's fundamental strengths continue to be enhanced.

Looking ahead to the remainder of the year, the macro environment is expected to remain challenging with persistent downside risks, exacerbated by heightened geopolitical tensions leading to high inflation, rising raw material costs, adverse currency fluctuations, weakening consumer confidence, and logistics disruptions. The Group anticipates these risks will put pressure on its performance. It will adhere to its established strategy, prudently and steadily advancing various planned initiatives and operational deployments. Relying on its continuously strengthened operational fundamentals and as a globally leading children's products brand company, the Group expresses confidence in the long-term sustainable development of its business.