FilingReader Intelligence
Goodbaby International forecasts 40-50% profit decline
July 28, 2025 at 05:01 PM UTC•By FilingReader AI
Goodbaby International expects net profit to fall 40-50% to HK$93-112 million in the six months to June 30, 2025, compared to HK$187.3 million in 2024, despite modest revenue growth.
The decline stems from reduced US operations profit due to tariff costs, higher car seat production expenses for new safety standards, and increased marketing spend. The company adopted conservative pricing to protect market share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
HKEX:1086•Hong Kong Exchange
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