--- title: "PLAYMATES TOYS turned a loss of 15.35 million last year, and PLAYMATES Group declared a special dividend, expecting another transitional year this year" type: "News" locale: "en" url: "https://longbridge.com/en/news/279056327.md" description: "PLAYMATES TOYS (869) reported a net loss of HKD 15.353 million last year, with revenue decreasing by 45% to HKD 512 million, and did not declare a second interim dividend. The parent company PLAYMATES (635) narrowed its loss to HKD 362 million, with a turnover of HKD 660 million, and declared a dividend of HKD 0.03 per share. It is expected that this year will be a transitional year, lacking support from major entertainment events, and U.S. import tariffs are putting pressure on profitability. Property management revenue decreased by 8.5%, and the revaluation loss of investment properties reflects a weak market" datetime: "2026-03-13T13:55:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279056327.md) - [en](https://longbridge.com/en/news/279056327.md) - [zh-HK](https://longbridge.com/zh-HK/news/279056327.md) --- # PLAYMATES TOYS turned a loss of 15.35 million last year, and PLAYMATES Group declared a special dividend, expecting another transitional year this year The licensing agreement for "Teenage Mutant Ninja Turtles" products will not be renewed after it expires at the end of this year. PLAYMATES (869) and its parent company PLAYMATES GROUP (635) announced their annual results. PLAYMATES turned from profit to loss last year, with a net loss of HKD 15.353 million, compared to a net profit of HKD 132 million in the same period last year. Revenue during the period was HKD 512 million, a decrease of 45%. No second interim dividend will be declared, while the same period last year had a dividend of HKD 0.03 per share. The total annual dividend is HKD 0.01, down 87.5% year-on-year. ## PLAYMATES GROUP Loss Narrows As for PLAYMATES GROUP, the annual loss was HKD 362 million, narrowing by 5.3% year-on-year. It will distribute a second interim dividend of HKD 0.015 per share, along with a special interim dividend of HKD 0.015 per share, totaling HKD 0.03, unchanged year-on-year. Revenue during the period was HKD 660 million, down 39% year-on-year. PLAYMATES: This Year Will Still Be a Transition Year PLAYMATES indicated that this year will be another transition year, still lacking significant entertainment activities to support various products, and it is expected that the U.S. will continue to implement import tariffs in different forms, which will exert certain negative pressure on its profitability. ## U.S. Market Goods Encounter Obstacles PLAYMATES stated that it was unable to benefit from the release of the movie "Godzilla x Kong: The New Empire" in 2024, leading to a decline in the shipment volume of "Godzilla x Kong" products and a lack of major entertainment activities to promote the "Teenage Mutant Ninja Turtles" product line. Demand has slowed, and the intensifying trade tensions have hindered goods shipped to the U.S. market last April, although some of the impact was offset by the launch of "Power Rangers" products last autumn. PLAYMATES also mentioned that the U.S. accounts for 76% of its revenue, remaining the largest market, while Europe accounts for 15%, other regions in the Americas account for 6%, and 3% comes from the Asia-Pacific region. ## PLAYMATES Property Management B Revenue Falls 9% In terms of business, PLAYMATES GROUP announced that the revenue from its property management segment was HKD 19.5 million, a year-on-year decrease of 8.5%. The group will continue to maintain an optimistic long-term outlook on property investments and will appropriately balance its investment property portfolio. PLAYMATES also indicated that last year, investment properties recorded a revaluation loss, mainly reflecting the continued weakness in the Hong Kong industrial and commercial property market. Economic instability, oversupply, and low retail market sentiment have all impacted market valuations across the region ### Related Stocks - [00635.HK](https://longbridge.com/en/quote/00635.HK.md) - [00869.HK](https://longbridge.com/en/quote/00869.HK.md) ## Related News & Research - [ZAWYA: Souhoola opens its new branch at City Stars](https://longbridge.com/en/news/286756428.md) - [Spared Wang Fuk Court block owners given mid-October to finalise buyback offer](https://longbridge.com/en/news/286788427.md) - [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md) - [14:32 ETWLR Automotive Group Expands Fleet Maintenance Program to Support Nonprofit Organizations](https://longbridge.com/en/news/286807533.md) - [CertifID Launches New Client Experience to Simplify Real Estate Transactions](https://longbridge.com/en/news/286944337.md)