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360 Ludashi Holdings Issues Profit Warning Amid Declining Gaming Revenue

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360 Ludashi Holdings Issues Profit Warning Amid Declining Gaming Revenue

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360 Ludashi Holdings Limited ( (HK:3601) ) has shared an announcement.

360 Ludashi Holdings Limited has issued a profit warning, expecting a 40% to 50% decrease in net profit for the first half of 2025 compared to the same period in 2024. This decline is attributed to reduced revenue from its mature online gaming products and ongoing efforts to find new games to fill the revenue gap, impacting the company’s financial performance and market positioning.

More about 360 Ludashi Holdings Limited

360 Ludashi Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the online gaming industry. The company focuses on developing and managing online games based on well-known intellectual properties, which serve as a significant source of profit.

Average Trading Volume: 260,140

Technical Sentiment Signal: Buy

Current Market Cap: HK$320.1M

Find detailed analytics on 3601 stock on TipRanks’ Stock Analysis page.

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