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Playmates Holdings Ltd Comments On H1 2013 Earnings Guidance


Monday, 22 Jul 2013 06:44am EDT 

Playmates Holdings Ltd announced that, based on a review of the Group’s preliminary financial results for the first half of 2013, the revenue and the profit before income tax of the first half of 2013 have increased as compared to the first half of 2012. The increments are attributable to increase in rental income of the property investment of the Group at 100 Canton Road, Kowloon, Hong Kong due to the start of a long term lease with a global brand to operate a flagship retail store in the building; and substantial improvement in the results of Playmates Toys Limited, an indirect non wholly owned subsidiary of the Group, due to continued sales of its Teenage Mutant Ninja Turtles products. The Group also expects to report a revaluation surplus of the property investments at a level comparable to that for the corresponding period in 2012. 

Company Quote

7.14
0.11 +1.56%
24 Dec 2014