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]

格隆汇8月15日丨彩星玩具(00869.HK)公布，公司于2025年上半年的全球营业额为港币1亿8,600万元 （2024年同期：港币4亿4,500万元），较去年同期减少58%。营业额减少乃由于：(i)未能如去年般受惠 于2024年三月上映「哥斯拉X金刚：新帝国」电影所带动，「哥斯拉X金刚」的产品付运量按预期回 落；(ii)「忍者龟」品牌并无大型娱乐活动推动，致使「忍者龟」产品系列需求放缓；及(iii)贸易紧张局 势加剧，令四月付运至美国市场的货品受到阻碍。于2025年上半年，股东应占净亏损为港币2,560万元 （2024年同期：净溢利港币9,150万元）。 ...

消息面上，彩星玩具发盈警，预期集团2025年6月30日止6个月的未经审核收入约1.86亿港元，相对于 2024年同期的收入为4.45亿港元；预期集团取得净亏损约2600万港元，相对于2024年同期净溢利9100万 港元。 本文源自：智通财经网 智通财经获悉，彩星玩具(00869)跌超3%，截至发稿，跌3.28%，报0.59港元，成交额120.01万港元。 董事会认为，收入减少主要是由于"哥斯拉X金刚"的产品付运量按预期回落；"忍者龟"品牌并无大型娱 乐活动推动，致使"忍者龟"产品系列需求放缓；及为配合即将推出的新产品做准备，产品开发、模具及 媒体制作费用增加；由于贸易紧张局势加剧，今年4月付运至美国市场的货品受到阻碍，并自今年第二 季起需支付对进口美国的商品所实施的关税等。 ...

Core Viewpoint - 彩星玩具 (00869) has issued a profit warning, expecting significant declines in revenue and net profit for the six months ending June 30, 2025 compared to the same period in 2024 [1] Financial Performance - The company anticipates unaudited revenue of approximately HKD 186 million for the six months ending June 30, 2025, down from HKD 445 million in the same period of 2024 [1] - The expected 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" [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 upcoming new products [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]

Core Viewpoint - The company expects a significant decline in revenue and a net loss for the first half of 2025 compared to the same period in 2024, primarily due to various market and operational challenges [1] Revenue Summary - The company anticipates unaudited revenue of approximately HKD 186 million for the six months ending June 30, 2025, down from HKD 445 million in the same period of 2024 [1] - The decrease in revenue is attributed to the lack of a major film release like "Godzilla x Kong: New Empire" in March 2024, which previously boosted sales [1] - The demand for the "Teenage Mutant Ninja Turtles" product line has slowed due to the absence of significant entertainment events [1] Net Loss Summary - The company expects to incur a net loss of approximately HKD 26 million for the first half of 2025, compared to a net profit of HKD 91 million in the same period of 2024 [1] - Increased costs related to product development, molds, and media production in preparation for new product launches have contributed to the expected losses [1] Market and Trade Challenges - Trade tensions have intensified, causing delays in shipments to the U.S. market starting from April 2025, along with the introduction of tariffs on imported goods [1] - The company's treasury investments in listed securities yielded unrealized and realized net gains of approximately HKD 9 million, down from HKD 21 million in the same period of 2024 [1]

格隆汇8月4日丨彩星玩具(00869.HK)发布公告，截至2025年6月30日止六个月("该期间")，集团的未经审 核收入约港币1.86亿元，相对于2024年同期的收入为港币4.45亿元；预期集团录得净亏损约港币2600万 元，相对于2024年同期净溢利港币9100万元。 按年比较的主要原因是由于：(1)诚如上一份公布所披露，(A)收入减少原因是(i)不能如去年般受惠于 2024年3月上映"哥斯拉X金刚：新帝国"电影所带动，"哥斯拉X金刚"的产品付运量按预期回落；(ii)"忍 者龟"品牌并无大型娱乐活动推动，致使"忍者龟"产品系列需求放缓；及(B)为配合即将推出的新产品做 准备，产品开发、模具及媒体制作费用增加；(2)由于贸易紧张局势加剧，2025年4月付运至美国市场的 货品受到阻碍，并自2025年第二季起需支付对进口美国的商品所实施的关税；及(3)该期间集团库务投 资的上市证券出现未变现及已变现净收益约港币900万元，相对于2024年同期的未变现及已变现净收益 为港币2100万元。 ...

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]