Hong Kong's Gameone Holdings HY revenue rises on increased software services demand
Hong Kong's Gameone Holdings HY revenue rises on increased software services demand
Overview
Hong Kong software and game services firm's interim revenue rose 81% yr/yr
Net profit for the period increased, driven by growth in all business segments
Result Drivers
SOFTWARE SERVICES DEMAND - Co said revenue growth was mainly due to increased demand for software services and more framework agreements with customers, supported by investment in artificial intelligence and marketing
TRADING AGENT SERVICE MODEL - Co said revenue from trading agent service business rose after adjustments to its operating model
GAME BUSINESS GROWTH - Co said increased demand for in-game virtual items led to higher revenue in game business
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| HK$69.70 mln |
|
H1 Net Income Attributable |
| HK$5.10 mln |
|
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(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.)
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