Summary by Moomoo AI
China Handtour Technology Group Limited (the 'Company') announces its interim results for the six months ended June 30, 2024. During the period, the Group's revenue was RMB 1,233.3 million, a decrease of 19.7% compared to the same period last year. The net loss for the period was RMB 241.1 million, compared to a net profit of RMB 509.95 million in the same period last year. The loss was mainly due to poor performance of some invested companies, and the delayed release of games 'Doupo Cangqiong: Peak Showdown' and 'Douluo Continent: Reversing Time and Space', which failed to contribute to revenue as scheduled. Despite this, the Group continued to generate profits from its operating business during the reporting period, and is expected to generate revenue from...Show More