Pop Mart International Forecasts At Least 90% Rise in H1 Profit

MT Newswires Live07-18

Chinese toy wholesale company Pop Mart International Group (HKG:9992) expects a year-over-year rise of 90% or more in profit for the six months ended June 30, a Thursday bourse filing stated.

The firm attributed to anticipated rise in profit mainly to an increased global recognition of the Pop Mart brand and diversified product categories leading to a boost in revenue, as well as cost optimization among other factors.

Price (HKD): $37.65, Change: $+0.25, Percent Change: +0.67%

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