Chinese toymaker Pop Mart is gearing up for another period of blockbuster growth, following the runaway success of its Labubu toy internationally, saying it expects a massive surge in first-half revenue and profit.
In a filing to the Hong Kong stock exchange on Tuesday, the Beijing-based company said that it expected net profit for the first half to rise by at least 350 per cent from a year ago and revenue to increase by more than 200 per cent.
