Changes in Hong Kong stocks | Goodboy International (01086) fell more than 6%, revenue increased 7.5% year-on-year in the first quarter, and the company expects revenue and profitability to be under pressure

The Zhitong Finance App learned that Goodboy International (01086) fell by more than 6% and closed up more than 21% yesterday. As of press release, it decreased by 6.25% to HK$1.35, with a turnover of HK$13.92 million.

According to the news, Goodboy International announced that it had earned revenue of HK$2,035 billion in the first quarter up to the end of March, up 7.5% year on year, and 9.7% year on year in constant currency terms. The company pointed out that looking ahead to 2025, business revenue and profitability are expected to be under pressure, mainly due to ongoing geopolitical conflicts and macroeconomic uncertainty due to trade restrictions and protectionist policies, occasional global supply chain disruptions, and further damage to consumer confidence. The US market will be particularly affected by risks such as reduced orders, delivery delays, falling gross margins, and short-term production capacity shortages due to the latest tariff situation.

According to the Hangzhou Daily, the current US tariff policy has caused prices of major brands such as strollers and child safety seats to rise by hundreds of dollars. According to data from an American infant products registration platform, the price of strollers in the US has increased by an average of 25%, and the price of child safety seats has increased by an average of 20%. Also, according to media reports a few days ago, US Treasury Secretary Bessent said that the Trump administration is considering exempting car seats, strollers, cribs, and other travel necessities for children imported from China from tariffs of up to 145%.