Goodbaby International to See Higher Profit in 2024

MT Newswires Live
10 Feb

Goodbaby International (HKG:1086) expects a net profit of between HK$325 million and HK$375 million for the year 2024, up from HK$208.5 million a year prior, a Monday Hong Kong bourse filing said.

The children's product manufacturer attributed the higher anticipated profit mainly to an increase in gross profit, which was due to a higher revenue and improvement in gross margin.

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