FriendTimes' 2024 Loss Narrows

MT NewswiresMar 25 08:06 ET

FRIENDTIMES (06820): Content innovation builds a high moat, and AI empowerment drives long-term growth.

At the time of the 2024 performance window, FRIENDTIMES (06820) presented an annual report that turned the tide against the odds.

Zhitong FinanceMar 24 20:45 ET

FRIENDTIMES (06820.HK) 2024 annual performance: revenue of 1.163 billion yuan, year-on-year growth of 10.1%, accelerating the application of AI technology and innovative experiments.

Glory Exchange announced on March 24 that FRIENDTIMES (06820.HK) has released its annual performance report. For the fiscal year ending December 31, 2024, the group's total revenue is approximately 1.1628 billion yuan, representing an increase of about 10.1% compared to the same period last year; the net loss for the year is approximately 48.9 million yuan, which is a narrowing of about 64.6% compared to the same period last year; the adjusted net loss for the year is approximately 42.8 million yuan, which is a narrowing of about 67.8% compared to the same period last year. The main reason for the year-on-year revenue growth during the reporting period is: (1) The domestic simplified Chinese version of "Recollection of Floating Life" went live on January 2, 2024, and is expected to see further growth.

Gelonghui FinanceMar 24 08:16 ET

FriendTimes Inc. Reports 2024 Financial Results and Strategic AI Integration

TipRanksMar 24 08:08 ET

Express News | FriendTimes FY Adjusted Net Income RMB -42.8 Million

ReutersMar 24 08:01 ET

Express News | FriendTimes FY Gross Profit RMB 813.5 Million

ReutersMar 24 08:01 ET

Express News | FriendTimes FY Revenue RMB 1,162.8 Million

ReutersMar 24 08:01 ET

Express News | FriendTimes FY Net Income RMB -48.9 Million

ReutersMar 24 08:01 ET

Express News | FriendTimes FY Gross Margin 70%

ReutersMar 24 08:01 ET

FRIENDTIMES: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024

HKEXMar 24 08:01 ET · Announcements

FriendTimes Inc. Schedules Board Meeting to Discuss Year-End Results

TipRanksMar 12 05:15 ET

FRIENDTIMES (06820.HK) will hold a Board of Directors meeting on March 24 to approve the final performance.

Glory Union announced on March 12 that FRIENDTIMES (06820.HK) will hold a Board of Directors meeting on March 24, 2025, to consider and approve the group's final performance for the year ending December 31, 2024, and the proposed final dividend (if any).

Gelonghui FinanceMar 12 04:39 ET

FRIENDTIMES: DATE OF BOARD MEETING

HKEXMar 12 04:35 ET · Announcements

Hong Kong stocks fluctuate | FRIENDTIMES (06820) rose over 7% after a profit alert, with multiple games performing well, and the annual revenue increased by up to 11.7% year-on-year.

FRIENDTIMES (06820) announced a profit warning, and in the early trading session, the stock price rose over 7%, as of the time of writing, it rose 7.55%, priced at 0.57 HKD.

Zhitong FinanceMar 2 20:40 ET

Notice Selected | The sales for new car manufacturers in February are out! Xiaopeng has exceeded 0.03 million units for four consecutive months; ZTE's net income in 2024 has decreased by 9.7% year-on-year.

In February, Ideal delivered 26,263 vehicles, a year-on-year increase of 29.7%; NIO delivered 13,192 new vehicles in February, a year-on-year increase of 62.2%.

cls.cnMar 2 19:13 ET

Hong Kong Stock Market Morning Report | Political Bureau meeting mentioned real estate and stock market, the US-Ukraine mineral agreement was not signed.

① The Politburo of the Central Committee emphasized stabilizing the real estate and stock markets. ② The USA and Ukraine mineral agreement failed to be signed. ③ The core PCE price index in the USA increased by 2.6% year-on-year in January, meeting expectations. ④ According to the National Statistics Bureau, the manufacturing purchasing managers' index (PMI) in February was 50.2%, an increase of 1.1 percentage points from the previous month. ⑤ Peking: Striving to promote the deployment of 10,000 humanoid Siasun Robot&Automation by 2027.

cls.cnMar 2 18:15 ET

FRIENDTIMES (6820.HK) Earnings Reports forecast: The profit turning point has appeared, and the platform structure has been established.

With the activation of internal momentum by "opening the floodgates" for game licensing, AI technology reconstructing the production chain, and major players quietly making moves in the Global chess game, this track, once overshadowed by the "winter discourse," is beginning to reopen the imaginative space for value reassessment. Game Developers with real product innovation capabilities and refined Operation skills are gradually emerging from the low period. At this turning point in the Industry, FRIENDTIMES releases the 2024 performance forecast, achieving revenue of approximately 1.15 billion to 1.18 billion RMB, a year-on-year growth of 8.9% to 11.7%, mainly due to the Global layout of products such as "Floating Life Memory" and "Ink Sword Jianghu."

Gelonghui FinanceFeb 28 04:05 ET

Express News | FriendTimes Inc Sees FY Revenue of RMB1,150 Mln to RMB1,180 Million

ReutersFeb 28 03:33 ET

FRIENDTIMES: ANNOUNCEMENT OF PRELIMINARY RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024

HKEXFeb 28 03:32 ET · Announcements

FriendTimes Invests 70 Million Yuan in China CITIC Bank Structured Deposits

MT NewswiresFeb 18 05:00 ET