The board of directors of Playmates Holdings Limited announced that based on a review of the Group's preliminary financial results for the year ended 31 December 2015, the profit after income tax of the Group for the year is expected to record a decrease as compared to that of 2014. The decrease is mainly due to a lower revaluation surplus arising from the revaluation of the Group's investment properties for the year. The Group expects that the revaluation surplus for the year is approximately HKD 172 million as compared to HKD 437 million for 2014; and a lower revenue and profit after income tax of the Company's major subsidiary, Playmates Toys group.

The unaudited revenue of the Playmates Toys group for the year ended 31 December 2015 is expected to be approximately HKD 1,550 million as compared to the audited revenue of HKD 2,160 million in 2014, and the unaudited profit after income tax of Playmates Toys group for the year ended 31 December 2015 is expected to be in the range of HKD 260 million to HKD 290 million as compared to the audited profit after income tax of HKD 491 million in 2014. The decrease was attributable to lower sales in 2015 whereas the revenue for the year 2014 had been boosted by shipments of products related to the Teenage Mutant Ninja Turtles movie.