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Wanlian Securities: In February, China's gaming Industry grew steadily, with top companies showing excellent revenue performance.
In February, the Chinese game market maintained stable growth despite the impact of the Spring Festival, with mobile, client, and single-player markets performing even more prominently with new releases compared to the same period last year. Long-term products steadily operated activities, achieving double-digit year-on-year growth.
IDreamSky Reports 2024 Financial Results Amid Strategic Game Development Focus
IDREAMSKY (01119): Gao Lianjun resigns as Executive Director.
IDREAMSKY (01119) released an announcement stating that due to a job transfer, it will focus on handling the group's overseas business affairs, starting from 202...
IDreamSky Announces Executive Resignation and Strategic Focus on Overseas Expansion
Express News | IDreamSky Technology - Jeffrey Lyndon Ko Resigned as an Executive Director
IDREAMSKY: Revenue of 1.51 billion yuan in 2024 with an Operating Cash Inflow of 0.15 billion yuan.
On the evening of March 27, IDREAMSKY (01119.HK) released its performance announcement for 2024. The report shows that for 2024, the company's revenue is 1.51 billion yuan, with an adjusted net loss of 30.32 million yuan and an operating cash net inflow of 0.15 billion yuan. Marketing expenses decreased by 14.8% year-on-year, showing significant results in quality improvement and efficiency enhancement. The company's overseas boutique game distribution business performed strongly, with classic games such as 'Subway Surfers', 'Gardenscapes', and 'Homescapes' continuously contributing stable revenue. Among them, the pay rate of 'Subway Surfers' has increased by 40%, reaching a new high in nearly 5 years; 'Gardenscapes' has an average of daily active users.
There's No Escaping IDreamSky Technology Holdings Limited's (HKG:1119) Muted Revenues Despite A 37% Share Price Rise
