Core Viewpoint - Goodbaby International (01086) expects a decline in net profit for the year ending December 31, 2025, by approximately 35% to 45% compared to the net profit of about HKD 356 million for 2024 [1] Group 1: Profit Forecast - The anticipated decline in net profit is primarily attributed to a decrease in gross profit and an increase in income tax [1] - The gross profit reduction is mainly due to a slight decrease in group revenue, although the gross profit margin is expected to recover in the second half of 2025 [1] Group 2: Tax and Financial Costs - The increase in income tax is mainly due to higher profits in regions with elevated tax rates and withholding tax arising from dividend distributions among group entities [1] - Improvement in net financial costs is attributed to a decrease in loan principal and interest rates [1]
好孩子国际(01086)发盈警 预期2025年纯利同比下降约35%至 45%