Understanding the Market | DREAM INT'L rose nearly 9% in the afternoon as its new factory in Indonesia is set to officially start production in the middle of the year, and the company still has subsequent expansion plans
DREAM INT'L rose nearly 9% in the afternoon, and as of the time of writing, it was up 7.44%, trading at HKD 13.86, with a transaction volume of HKD 46.4196 million. In terms of news, DREAM INT'L previously announced its interim results, stating that benefiting from strong demand in the North American and Asian markets, along with shifting orders to Vietnam to mitigate the impact of tariff increases, the group's revenue for the first half of the year was HKD 2.578 billion, a year-on-year increase of 12.39%; net profit was HKD 307 million, a year-on-year increase of 10.1%. Earnings per share were HKD 0.454; the board proposed an interim dividend of HKD 0.25 per ordinary share for this period, compared to HKD 0.20 in the same period last year. Industrial Securities released a research report stating that DREAM INT'L is a leading manufacturing enterprise in the global toy production sector, with factories located in China, Vietnam, Indonesia, and other regions. The new factories are in production and continue to ramp up, and the company still has follow-up expansion plans. The firm pointed out that by the first half of 2025, the company will have a total of 28 factories, of which 7 are located in China, 20 in Vietnam, and 1 in Indonesia. The average capacity utilization rate is 85%, maintaining a high level. The company expects to add one factory each in Indonesia and Vietnam in the second half of the year, with total capacity expected to reach USD 950 million by 2027
According to Zhitong Finance APP, DREAM INT'L (01126) rose nearly 9% in the afternoon, and as of the time of writing, it was up 7.44%, trading at HKD 13.86, with a transaction volume of HKD 46.4196 million.
In terms of news, DREAM INT'L previously released its interim results, stating that benefiting from strong demand in the North American and Asian markets, along with shifting orders to Vietnam to reduce the impact of tariff increases, the group's revenue for the first half of the year was HKD 2.578 billion, a year-on-year increase of 12.39%; net profit was HKD 307 million, a year-on-year increase of 10.1%. Earnings per share were HKD 0.454; the board proposed an interim dividend of HKD 0.25 per ordinary share for this period, compared to HKD 0.20 in the same period last year.
Industrial Securities released a research report stating that DREAM INT'L is a leading manufacturing enterprise in the global toy production sector, with factories located in China, Vietnam, Indonesia, and other regions. The new factories are in production and continue to ramp up, and the company still has follow-up expansion plans. The report pointed out that by the first half of 2025, the company will have a total of 28 factories, including 7 in China, 20 in Vietnam, and 1 in Indonesia. The average capacity utilization rate is 85%, maintaining a high level. The company expects to add one factory each in Indonesia and Vietnam in the second half of the year, with total capacity expected to reach USD 950 million by 2027
