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7Road Holdings Limited ( (HK:0797) ) has issued an announcement.
7Road Holdings Limited reported its audited consolidated annual results for the year ending December 31, 2024, revealing a 36.8% decrease in revenue to approximately RMB306.4 million compared to the previous year. Despite this decline, the company managed to reduce its loss attributable to owners by 49.8%, amounting to RMB73.5 million. The gaming industry, particularly mobile and PC games, continues to grow, with expectations of reaching a market size of US$213.3 billion by 2027, suggesting potential future opportunities for 7Road Holdings Limited.
More about 7Road Holdings Limited
7Road Holdings Limited is a prominent game developer and operator based in China, with a global presence. Since its inception in 2008, the company has been involved in the research and development, operation, and publishing of various popular games. The company operates within the gaming industry, which, according to the 2024 Global Games Market Report, is a rapidly growing sector with a market size of US$187.7 billion in 2024 and over 3.42 billion players worldwide.
YTD Price Performance: -64.73%
Average Trading Volume: 127,416
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.07B
For detailed information about 0797 stock, go to TipRanks’ Stock Analysis page.