BLOKS (00325) stock soared 8.27% during intraday trading on Friday, reflecting strong investor sentiment following the company's latest financial disclosures.
The surge comes after BLOKS announced its annual results, reporting a significant 30% year-on-year increase in revenue to approximately RMB 2.913 billion and a turnaround to a profit of about RMB 634 million. This performance was primarily driven by a substantial rise in sales of its building block character toys.
Institutional analysis supports the positive momentum. China Merchants Securities highlighted the company's value-for-money positioning and strong growth potential from its popular IP resources and commercialization capabilities. Bank of China International pointed to overseas markets as the anticipated primary growth driver for 2026, with successful new product launches expected to bolster investor confidence further.
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