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7Road Holdings Forecasts Loss in H1; Shares Drop 4%
7Road Holdings Forecasts Unexpected Loss
7road (00797.HK) warns of earnings: expected to lose approximately 5 million yuan in the midterm.
D7 road (00797.HK) announced on July 25th that the group is expected to record a loss of approximately RMB 5 million for the six months ending on June 30, 2024, compared to a profit of RMB 0.13 billion for the six months ending on June 30, 2023. The main reason for the loss was the significant increase in revenue generated by a new game launched at the end of 2022 for the six months ending on June 30, 2023, while its revenue for the six months ending on June 30, 2024 remains stable.
7road (00797) issued a profit warning, expecting a mid-term loss of about 5 million yuan, turning from profit to loss year-on-year.
7road (00797) announced that for the six months ended June 30, 2024, the Group is expected to record a loss...
Express News | 7Road Holdings Sees Substantial Increase in Revenue for Six Months
Express News | 7Road Holdings Ltd Sees Loss of RMB5 Mln for Six Months
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