Goodbaby International Reports Revenue Growth Amid Global Market Shifts

The company’s reported net profit reached HK$276.7 million, bolstered by a one-time US tariff refund of HK$198 million and improvements in production costs. While foreign exchange swings offset some gains, the group strengthened its financial position, expanding its net cash reserves by HK$453.7 million. CEO Liu Tongyou attributed the resilience to the group's vertically integrated model, which allows for agile responses to shifting consumer demand and manufacturing challenges.

CYBEX remains the group’s primary growth engine, achieving record H1 revenue of HK$2,709.5 million. The premium brand expanded its global footprint despite regional pressures in the Middle East, winning multiple international design and safety awards. Meanwhile, the Evenflo brand maintained a stable position in the US market, gaining share through new product launches and a focus on direct-to-consumer digital strategies. In China, the gb brand continues its transformation, narrowing revenue contraction by prioritizing core durable goods like car seats and optimizing its retail footprint.