Summary by Moomoo AI
NetDragon Websoft Holdings Limited ("the Company") announces the interim performance for the six months ended June 30, 2024. The Group's gaming business revenue for the first half of the year reached RMB 1.86 billion, with a 2.1% year-on-year growth in domestic game revenue and a 12.9% decline in overseas game revenue due to short-term factors. New games such as "Code-Alpha" and "End of Oath Overseas Edition" are expected to be launched in the second half of the year. In the education business, Mynd.ai faces industry transformation challenges, but it also has transformation opportunities and will launch the AI-empowered education platform aom-ai. The Group's total revenue is RMB 3.3 billion, a 10.3% year-on-year decrease, with a gross profit of RMB 2.2 billion, a 3.8% year-on-year decrease. The operating profit is RMB 634 million, a 9.3% year-on-year decrease. The Company announced an interim dividend of HK$0.40 per ordinary share.
