Core Viewpoint - Goodbaby International (01086.HK) continues to grow against the trend, achieving a revenue of HKD 20.35 billion for the year ending March 31, 2025, representing a year-on-year increase of 7.5%, and a 9.7% increase when adjusted for constant currency [1][3]. Revenue Growth - The growth is primarily driven by the strong market demand for the CYBEX brand, which has significantly increased its market share [1][3]. - The Evenflo brand experienced a decline in revenue due to a drop in sales of lower-priced products, although sales of higher-priced products partially offset this decline [1][3]. Brand Performance - In Q1 2025, the strategic brand CYBEX generated revenue of HKD 11.453 billion, accounting for 56.3% of total revenue, with a year-on-year growth of 17.6% and a 20.7% increase in constant currency [2][5]. - Evenflo's revenue was HKD 5.191 billion, representing 25.5% of total revenue, with a year-on-year decline of 10.0% and an 8.7% decrease in constant currency [2][5]. - The gb Goodbaby brand generated revenue of HKD 1.746 billion, accounting for 8.6% of total revenue, with a year-on-year decline of 13.6% [5]. International Market Performance - In 2024, the company achieved total sales revenue of HKD 87.66 billion, with significant contributions from the European, North American, and Japanese markets, despite challenges in 2022 [4][8]. - The revenue from the Europe, Africa, Middle East, and India market was HKD 37.72 billion, growing by 18.87%, while the Americas market generated HKD 31.7 billion, up by 9.7% [8]. Financial Health - The company reported a record gross margin of 51.4% in 2024 [10]. - As of the end of 2024, the company's interest-bearing bank loans and other borrowings decreased significantly from HKD 27.94 billion to HKD 14.55 billion, reducing short-term debt pressure [11]. - The company maintained a strong cash reserve of HKD 14.3 billion, with operating cash flow exceeding HKD 10 billion for two consecutive years [11].

本公告乃由好孩子國際控股有限公司（「本公司」，連同附屬公司，統稱「本集團」）自願 發出。 根據本公司截止2025年3月31日（「本期間」）未經審計的合併管理帳目，本期間本集團的 收入由2024年相應期間的約1,892.1百萬港幣增長7.5%至約2,034.9百萬港幣。本期間的匯 率較2024年相應期間有所波動，尤其是人民幣和歐元對港幣的匯率。該波動導致本集團 以原始貨幣計算的收入增長與以本集團的報告貨幣港幣計算的收入增長因貨幣折算原因 而存在差異。按恒定貨幣口徑1 計算，本期間本集團收入較2024年相應期間增長9.7%。 | | | 截至3月31日止三個月 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 2025年 | | 2024年 | | | 恒定貨幣口徑 | | （百萬港幣） | （未經審計） | | （未經審計） | | 同比變化 | 同比變化 | | 總收入 | 2,034.9 | | 1,892.1 | | 7.5% | 9.7% | | | 數額 | | 數額 | | | 恒定貨幣口徑 | | | （未經審計） | 佔總收入比 ...

香港交易及結算所有限公司及香港聯合交易所對本文件通告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就本通告全部或部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 | | | 截至9月30日止九個月 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 2024年 | | 2023年 | | | 恒定貨幣口徑 | | （百萬港幣） | （未經審計） | | （未經審計） | | 同比變化(%) | 同比變化(%) | | 總收入 | $6,492.5 | | $5,806.2 | | +11.8% | +11.2% | | | | | | | | 恒定貨幣口徑 | | | 數額 佔總收入比 | | 數額 | 佔總收入比 | 同比變化(%) | 同比變化(%) | | 戰略品牌 | 5,784.6 | 89.1% | 5,283.2 | 91.0% | +9.5% | +8.9% | | – CYBEX | 3,312.9 | 51.0% | 2,733.3 | 47.1% | +21.2% | +20.1% | | ...