Goodbaby Intl (01086) reported a revenue of approximately HKD 6.42 billion in the first three quarters, a year-on-year decrease of 1.1%.

GOODBABY INTL (01086) announced that based on the unaudited consolidated management accounts of the Company for the nine months ended September 30, 2025 (the Period), the Group's revenue decreased by 1.1% to approximately HK$6.42 billion, compared to approximately HK$6.493 billion in the same period of 2024. The fluctuation of exchange rates during the Period compared to the same period in 2024, especially the exchange rates of the Renminbi and Euro against the Hong Kong Dollar, resulted in differences in revenue changes calculated in the original currency and in the reporting currency of the Group, the Hong Kong Dollar. Calculated in constant currency, the Group's revenue for the Period decreased by 2.5% compared to the same period in 2024. During the Period, facing a challenging macroeconomic environment, the Group's revenue slightly decreased by 1.1% (decreased by 2.5% in constant currency): The CYBEX brand continued to show robust growth in the first half of the year and despite facing further deterioration in consumer sentiment, continued to record steady growth in the third quarter of this year compared to the high base in the third quarter of last year, further expanding its global market share and consolidating its position as a global leader in the high-end "technology-lifestyle" brand category. Evenflo brand revenue declined mainly due to a decrease in the safety seat category, while the positive growth in the children's stroller category partially offset this decline; the gb brand revenue decline mainly came from the wholesale channel; the blue-chip business was significantly impacted in the third quarter of this year due to increasing tariffs and a challenging macroeconomic environment, resulting in a decrease in orders from blue-chip customers received by the Group; however, the Group's relationship with its blue-chip customers remained healthy and stable. During the Period, global demand for our products remained resilient, further consolidating the Group's global leadership position. We continue to fulfill our commitment to product development and innovation to better serve global consumer demand, and these efforts have also helped the Group to continuously win many global heavyweight awards during the period, such as 3 Red Dot Design Awards, 2 American Baby & Child Safety Alliance Outstanding Awards, 2 NAPPA Product Innovation Awards, being listed on TIME magazine's annual list of the best inventions in 2025, 1 iF Design Award, and 1 Best Innovation Award from American PARENT magazine. At the same time, we continue to diversify and enhance our global omni-channel distribution network, which is a key infrastructure for the sustainable development of the Group, enabling us to better provide consumer-oriented services through the Group's brand portfolio. Looking ahead to the remainder of the year, we expect macro uncertainties and a soft market environment to persist: prolonged regional geopolitical conflicts, uncertainties in international tensions, and conservative consumer sentiment will continue to put pressure on the Group's business performance. Nevertheless, we remain confident in the overall brand strategy based on the Group's vertically integrated one-stop platform and continue to be committed to achieving the Group's long-term sustainable development.