佰悦集团控股有限公司2025/26中期业绩：营收9,162.90万港元，经调整净利润116.00万港元

公告速递

Nov 13, 2025

本季度信息

截至2025年9月30日止六个月，佰悦集团控股有限公司实现营收9,162.90万港元，同比增长55.2%；经调整净利润116.00万港元，同比下降24.4%。毛利率由去年同期的19.4%上升至20.7%。经营活动所产生的现金流量净额约为2,527.80万港元，上年同期则为1,660.60万港元。

销售及管理开支方面，报告期内销售开支约541.70万港元，同比增长127.0%；行政及其他开支约1,223.20万港元，同比上升19.7%。

业务分项

1) 销售ODM玩具：该板块营收为3,226.90万港元，同比增长16.1%。增长主要来自日本客户订单显著增加，受当地手办市场需求扩张推动。

2) 分销进口玩具及相关产品：分销业务营收达4,013.40万港元，同比大增127.4%。该增幅主要归因于日元贬值引发全球需求提升，带动相关产品销量增长。

3) 销售自家特许玩具及相关产品：营收1,572.60万港元，同比增长64.0%。高端机甲类手办带动回款效率提升，聚焦细分市场消费需求显现成效。

4) 工程项目相关代理服务：本期取得收入350.00万港元，较去年同期小幅下滑，主要受单个咨询项目规模周期影响。

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