Hong Kong Stock Market Movers: Goodbaby International Surges Nearly 4% on Projected Net Profit Surge to HKD 260-300 Million
Stock News
Aug 11
Goodbaby International Holdings Ltd (01086) saw its stock rise nearly 4%, trading at HKD 0.95 as of the time of writing, marking a 3.83% increase with a trading volume of HKD 2.52 million.
On the news front, Goodbaby International recently released a statement. Based on a preliminary assessment of currently available information, including the group's unaudited management accounts, the company expects its net profit for the six months ending June 30, 2026, to range between approximately HKD 260 million and HKD 300 million. This compares to a net profit of about HKD 106 million for the same period in 2025.
The anticipated growth in net profit is primarily attributed to a tariff refund from the U.S. government.
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