Pop Mart Revenue Surges 204 Percent to 1.93 Billion Dollars in First Half of 2025

Wang Ning Projects $4.2 Billion in Sales for 2025 During a live-streamed conference on Tuesday, Wang Ning, Pop Mart’s 38-year-old chairman and CEO, said the company could “easily” reach 30 billion yuan ($4.2 billion) in sales this year.

The bold prediction followed an interim earnings release that far outpaced expectations and underscored the momentum behind the company’s flagship toy line.

The Hong Kong-listed company reported sales of 13.9 billion yuan in the first half of the year, marking a 204.4% year-on-year increase, according to its stock exchange filing. Profit attributable to shareholders surged nearly 397% to 4.6 billion yuan compared to the same period last year.

Shares Surge as Pop Mart Climbs in Value Analysts and investors responded swiftly to the blockbuster performance. Kenny Ng, a Hong Kong-based securities strategist at Everbright Securities International, told WeChat that the results support Pop Mart’s surging valuation…