China's Pop Mart warns of 2026 profit margin pressure from higher costs

ReutersMay 13, 2026 2:38 AM

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SHANGHAI, May 13 (Reuters) - China's Pop Mart 9992.HK said on Wednesday its overall profit margin in 2026 would fall an annual 0.5% due to higher production costs for new products driven by rising raw material prices.

Fuel prices will also weigh on the international business's gross profit, the company said, adding that revenue from higher‑margin regions has declined.

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