Core Viewpoint - The company reported a significant decline in revenue and incurred a loss for the first half of the fiscal year ending June 30, 2025, primarily due to the lack of major entertainment-driven sales and external market challenges [1] Financial Performance - The company achieved revenue of HKD 186 million, a year-on-year decrease of 58.33% [1] - The loss attributable to shareholders was HKD 25.61 million, compared to a profit of HKD 91.458 million in the same period last year [1] - Earnings per share were reported at a loss of HKD 0.0217, with a proposed interim dividend of HKD 0.01 per share [1] Operational Challenges - The decline in revenue was attributed to the inability to benefit from the anticipated sales boost from the movie "Godzilla x Kong: New Empire," which was released in March 2024, leading to a decrease in product shipments [1] - The "Teenage Mutant Ninja Turtles" brand did not have any major entertainment events to drive demand, resulting in a slowdown in the product series [1] - Increased trade tensions have hindered shipments to the U.S. market, particularly in April [1]

Group 1 - The core viewpoint of the announcement is that 彩星集团 (Cai Xing Group) reported a significant decline in revenue and profit for the three months ending March 31, 2025, with unaudited revenue of approximately HKD 123 million, down from HKD 261 million in the same period of 2024 [1] - The unaudited profit before tax for the period was approximately HKD 14 million, compared to HKD 91 million in the same period of 2024, indicating a substantial decrease in profitability [1] - The primary reason for the decline was attributed to the performance of its major subsidiary, 彩星玩具集团 (Cai Xing Toy Group), which reported unaudited revenue of approximately HKD 85 million, down from HKD 221 million in the same period of 2024 [1] Group 2 - 彩星玩具集团 experienced an unaudited loss before tax of approximately HKD 12 million, compared to an unaudited profit before tax of HKD 65 million in the same period of 2024 [1] - The revenue decline was influenced by several factors, including the lack of a major film release like "Godzilla X Kong: New Empire" in March 2024, which previously boosted product shipments, and a slowdown in demand for the "Ninja Turtles" product line due to the absence of significant entertainment events [1] - Additionally, the company incurred increased costs for product development, molds, and media production in preparation for upcoming new products, along with a net loss of approximately HKD 6.7 million from listed securities investments, contrasting with a net profit of HKD 12.9 million in 2024 [1]