Picture of Fire Rock Holdings logo

1909 — Fire Rock Holdings News Story

0.000.00%
hk flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapFalling Star

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 news