Summary by Moomoo AI
XD Inc. announced the unaudited interim financial performance for the six months ending on June 30, 2024, showing a significant increase in revenue and gross profit. Revenue increased from RMB 1,753,102 thousand in the same period of 2023 to RMB 2,220,567 thousand, an increase of 26.7%; gross profit increased from 1,037,261 thousand to 1,496,811 thousand, an increase of 44.3%. Net profit for the period surged from 102,788 thousand to 250,579 thousand, a growth rate of 143.8%. The attributable net profit of the equity holders of the Company also increased from 90,194 thousand to 205,102 thousand, a growth of 127.4%. Adjusted net profit and attributable adjusted net profit of the equity holders of the Company increased by 115.1% and 110.0%, respectively. Gaming business revenue increased by 29.3% year-on-year, while TapTap platform business revenue increased by 21.7% year-on...Show More