Labubu dolls: China鈥檚 Pop Mart posts nearly 400% profit surge on global demand

By Esther Amao

Labubu dolls: China鈥檚 Pop Mart posts nearly 400% profit surge on global demand

Tribune Online

Labubu dolls: China鈥檚 Pop Mart posts nearly 400% profit surge on global demand

Chinese toymaker Pop Mart (9992.HK) has reported a stunning 396.5% surge in first-half net profit, driven by soaring global demand for its wildly popular Labubu dolls and stronger sales in higher-margin overseas markets.

Labubu dolls: China鈥檚 Pop Mart posts nearly 400% profit surge on global demand

Tribune Online

Read More…