Brief: IGG Inc Posts FY Revenue Of HK$6.05 Billion

Igg

28/03/2022 16:16

March 28 (Reuters) - IGG Inc  0799.HK :
    * FY REVENUE HK$6.05 BILLION VERSUS HK$5.46 BILLION
    * PROFIT FOR YEAR ATTRIBUTABLE HK$370.4 MILLION VERSUS
HK$2.10
BILLION
    * FOR JAN-FEB, EXPECTED THAT GROUP WILL RECORD HK$1,200
MILLION TO
HK$1,400 MILLION IN REVENUE
    * GROUP’S INVESTMENTS IN ONLINE MOBILE GAME COMPANIES AND
FUNDS
ARE EXPECTED TO FACE LOSSES IN Q1
    * SEES HK$70 MILLION TO HK$110 MILLION OF NET LOSS IN CORE
GAME
BUSINESS IN FIRST QUARTER
    * ENTERING INTO 2022, GROUP IS AFFECTED BY WAR BETWEEN
UKRAINE AND
RUSSIA

Further company coverage:  0799.HK 

 ((Reuters.Briefs@thomsonreuters.com;))