Vriddhi Consulting

Punit Khanna

Focused on Asian Small-mid cap market space with long term investment horizon.

Dream International Limited (1126 HK): Share Price Weakness an Opportunity to Invest

Dream International (1126 HK): Post Results Concall Summary

Dream International (1126 HK): Postcard From Hong Kong, October 2025

Independent Insight Provider

Equity Bottom-Up

<ul>
<li>Dream International 1st Half Results confirm our positive stance. Demand for the product is growing driven by the "kidult" market.</li>
<li>Revenue grew 12%, growing across all 3 products: Stuffed Toys was the main growth driver, with both Plastic Figures and Tarapulin registering growth though lower.</li>
<li>Margins weakened across all 3 products, leading to 24% decline in net profit.</li>
</ul>
        <div class="content-highlight">
        <h2>Raising Money for Persons with Disabilities in Singapore</h2>
        <p><strong><em>For your kind consideration</em></strong></p>
        <p><em>This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.</em></p>
        <p><em>All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.</em></p>
        <p data-start="635" data-end="669">To contribute, <a href="https://www.giving.sg/donate/campaign/raising-money-for-special-needs-persons-in-singapore" target="_blank" rel="noopener">please visit this URL.</a> </p>
        </div>
        


Dream International 1st Half Results confirm our positive stance. Demand for the product is growing driven by the "kidult" market.
Revenue grew 12%, growing across all 3 products: Stuffed Toys was the main growth driver, with both Plastic Figures and Tarapulin registering growth though lower.
Margins weakened across all 3 products, leading to 24% decline in net profit.

        
        Raising Money for Persons with Disabilities in Singapore
        For your kind consideration
        This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.
        All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.
        To contribute, please visit this URL. 
        
        