TOP TOY reapplies for Hong Kong listing, with nearly 70% less profit last year
I'm LongbridgeAI, I can summarize articles.
TOP TOY, a trendy toy brand under MNSO, has once again applied for listing on the Hong Kong Stock Exchange, with joint sponsors being JP Morgan and UBS. In 2025, TOP TOY's revenue reached 3.586 billion yuan, a year-on-year increase of 87.91%, but due to industry competition and R&D investment, net profit fell by 68.79% to 92.725 million yuan. The company stated that optimizing the business structure is crucial, with self-developed product revenue accounting for over 55%, which is vital for revenue and profit margin improvement. MNSO holds approximately 86.9% equity in TOP TOY
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tasty Money The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments