Playmates Toys Limited provided earnings guidance for the three months ended March 31, 2021 . The company announced that, based on a review of the Group's unaudited management accounts for the three months ended 31 March 2021, the unaudited revenue of the Group for the three months ended 31 March 2021 is approximately HKD 90 million as compared to HKD 47 million for the correspondence period in 2020, and the unaudited profit before income tax of the Group for the three months ended 31 March 2021 is approximately HKD 9 million as compared to the loss before income tax of HKD 21 million for the correspondence period in 2020. The favorable comparison was driven by: (i) severe COVID-19 restrictions starting in the first quarter of last year, (ii) government stimulus leading to increased consumer spending in major markets during the first quarter of 2021, (iii) solid performance of product line tied to the "Godzilla vs. Kong" movie release in March 2021, and (iv) continued strong demand for "Miraculous: Tales of Ladybug & Cat Noir" toy line.