Goodbaby (HKG:1086) expects a 40% to 50% year-over-year decline in net profit for the six months ended June 30 from HK$187.3 million a year prior, a Monday filing with the Hong Kong bourse said.
The child products manufacturer attributed the downbeat forecast mainly to a lower profit from its business in the US market amid tariff-related costs and an increase in other expenses.
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