Core Viewpoint - The company, Cai Xing Toys (00869), has issued a profit warning, anticipating a significant decline in revenue and a net loss for the upcoming financial period [1] Financial Performance - The company expects unaudited revenue for the six months ending June 30, 2025, to be approximately HKD 186 million, a decrease from HKD 445 million in the same period of 2024 [1] - The anticipated net loss is around HKD 26 million, contrasting with a net profit of HKD 91 million in the same period of 2024 [1] Reasons for Decline - The board attributes the revenue decrease primarily to a decline in product shipments for "Godzilla vs. Kong" as expected [1] - The "Teenage Mutant Ninja Turtles" brand lacks major entertainment events to drive demand, leading to a slowdown in the product series [1] - Increased costs related to product development, molds, and media production in preparation for new product launches have also contributed to the financial outlook [1] - Trade tensions have hindered shipments to the U.S. market since April, and tariffs on imported goods to the U.S. have been implemented since the second quarter of this year [1]
港股异动 彩星玩具(00869)跌超3% 预计上半年由盈转亏至约2600万港元