POP MART : Rising Raw Material Costs Expected to Lower Overall Gross Margin by 0.5 ppts
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POP MARTmanagement reported that rising raw material costs, influenced by the international macro environment, are expected to lower the company's overall gross margin by approximately 0.5 percentage points. The costs of materials like PVC, fabrics, and packaging have increased by 3 to 5 percentage points compared to last year. Despite an initial rise, POP MART's share price has fallen to HKD157.4, down 3.38%, with significant trading volume.
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