Liberal Arts Interactive (00434) rose more than 8% in the morning. As of press release, it rose 8.04% to HK$2.15, with a turnover of HK$3.7956 million.
The Zhitong Finance App learned that Liberal Arts Interactive (00434) rose more than 8% in the morning. As of press release, it had risen 8.04% to HK$2.15, with a turnover of HK$3.7956 million.
According to the news, Liberal Arts Interactive announced the results for the first quarter up to the end of March. The group's revenue was 109 million yuan, up 14% year on year; profit due to shareholders was 352 million yuan, up 1127.6% year on year. According to the announcement, the increase in revenue was mainly due to the Group's hosting of certain online operations and continuous optimization of game products and gameplay during the reporting period, which led to an increase in the Group's revenue level.
Furthermore, Liberal Arts Interactive recently announced that in early April 2024, the Group signed an investment agreement with Catcher Data Limited (Catcher Data) to invest in the Web3 asset data platform RootData, and has completed the investment (investment). According to reports, Catcher Data is the owner of “RootData,” and “RootData” is a Web3 asset data platform.