Mobile games developer Huuuge expects profit growth to continue in 2023 -CEO
28/03/2023 09:04
March 28 (Reuters) - Mobile games developer Huuuge
HUGEP.WA expects the growth in profit to continue this year,
its chief executive told a media call on Tuesday.
"Very high profits we saw already in Q4 last year will
continue pretty much on the same pace and continue to do that
throughout the year," its founder and CEO Anton Gauffin said.
Huuuge's adjusted earnings before interest, taxes,
depreciation and amortization (EBITDA) rose 43.4% to $29.7
million in the fourth quarter as the company cut its costs.
(Reporting by Anna Pruchnicka, Editing by Louise Heavens)
((anna.pruchnicka@thomsonreuters.com; +48 58 769 65 14;))