share_log

港股异动 | IGG(00799)午后涨近3% 重磅游戏表现强劲 APP业务或成新增长驱动

Hong Kong stocks: IGG (00799) rose nearly 3% in the afternoon, with strong performance in blockbuster games. The mobile app business may become a new growth driver.

Zhitong Finance ·  Sep 5 02:58

IGG (00799) rose nearly 3% in the afternoon session, as of the time of drafting, it rose by 2.96%, closing at 3.48 Hong Kong dollars, with a turnover of 13.3874 million Hong Kong dollars.

According to the Wise News app, IGG (00799) rose nearly 3% in the afternoon session, as of the time of drafting, it rose by 2.96%, closing at 3.48 Hong Kong dollars, with a turnover of 13.3874 million Hong Kong dollars.

On the news front, IGG previously announced its interim performance, with revenue of about 2.735 billion Hong Kong dollars, a year-on-year increase of 9.45%; adjusted net income of about 0.347 billion Hong Kong dollars, compared to an adjusted net loss of about 0.334 billion Hong Kong dollars in the same period last year, achieving a turnaround from loss to profit. The board of directors declared an interim dividend of 8.5 Hong Kong cents per share, representing approximately 30% of the profit in the first half of the year. As for repurchases, the cumulative amount repurchased in the first half of the year is close to 33 million Hong Kong dollars. The total amount of dividends and repurchases declared by the group in the first half of the year accounts for approximately 40% of the profit in the first half of the year.

Guoyuan International pointed out that with the adjustment of the gameplay of 'Age of Kingdoms', the monthly revenue in August stabilized at a scale of 30 million US dollars. The company expects the monthly revenue of 'Age of Kingdoms' to remain relatively stable in the second half of the year. The 'Doomsday' and 'VikingRise' projects plan to increase their investment by the end of the year. The company expects the monthly revenue in the second half of the year to reach levels of 12 million US dollars and 10 million US dollars, respectively, while still maintaining a high growth rate.

The bank pointed out that IGG completed its business transformation earlier this year, closing utility software and focusing on content service-oriented applications, driving the increase in revenue and user retention. Revenue in July climbed to 0.12 billion Hong Kong dollars, and the monthly revenue of the APP business in the second half of the year is expected to remain at a high level, becoming an important new growth driver for the company.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment