PLAYMATES TOYS (00869) has announced its financial forecast for the 2025 fiscal year. The group anticipates revenue of approximately HK$512 million and a net loss of around HK$15 million. This contrasts with the previous year's performance in 2024, which saw revenue of about HK$931 million and a net profit of HK$132 million.
The company attributes the expected net loss primarily to a significant decrease in revenue. Furthermore, starting from the second quarter of 2025, tariffs began to negatively impact the profitability of sales in the U.S. market. A portion of this negative effect was partially offset by selective price adjustments implemented in the third quarter.
Additionally, the net realized and unrealized gains, along with interest income from the group's treasury investments in listed securities, amounted to approximately HK$19 million and HK$40 million respectively for the period. This compares to treasury investment gains and interest income of HK$32 million and HK$55 million recorded in the 2024 fiscal year.