GOODBABY INTL (01086) announced that for the fiscal year ending December 31, 2025, the group expects its net profit to decrease by approximately 35% to 45% compared to the net profit of about HK$356 million recorded in the same period of 2024. This anticipated decline is primarily attributed to a reduction in gross profit and an increase in income tax expenses, partially offset by an improvement in net finance costs. The decrease in gross profit is mainly due to a slight decline in the group's revenue, although its gross profit margin recovered during the second half of 2025. The increase in income tax is largely a result of generating more profit in jurisdictions with higher tax rates, as well as withholding taxes arising from dividend distributions among the group's entities. The improvement in net finance costs is ascribed to a reduction in both loan principal and interest rates.