Hong Kong's Fire Rock Holdings interim revenue rises 1.8%
Hong Kong's Fire Rock Holdings interim revenue rises 1.8%
Overview
Hong Kong gaming software firm's interim revenue grew 1.8% yr/yr to HK$74.2 mln
Gross profit for the period rose 2.3% yr/yr to HK$56.7 mln
Company posted HK$7.1 mln loss for the period, board does not recommend interim dividend
Result Drivers
LOWER IMPAIRMENT LOSS - Co recorded no impairment loss on intangible assets, compared to HK$10.8 mln in prior period
REDUCED DISTRIBUTION COSTS - Distribution costs fell to HK$14.8 mln from HK$20.0 mln yr/yr
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| HK$74.20 mln |
|
Reuters Recommended Reads
Aug 10 - China's Sohu.com Q2 revenue rises on growth in online gaming
Aug 10 - Hong Kong's Hutchison Telecom H1 profit rises on disposal of Macau operations
Aug 10 - SharpLink Gaming Q2 revenue misses, loss widens on unrealized losses and impairments
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Fire Rock Holdings
See all newsHong Kong's Fire Rock Holdings interim revenue rises 1.8%
Brief: Fire Rock Holdings Posts FY Loss Attributable HK$64.4 Million
Brief: Fire Rock Expects FY Loss Attributable HK$65 Mln
Brief: Fire Rock Says Zhou Zhiwei Resigns As Executive Director And CEO
Brief: Fire Rock Expects HK$18.2 Million Loss For HY