BAIOO Family Interactive (HK:2100) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
BAIOO Family Interactive Limited reports a decrease in revenue by 39.6% and gross profit by 25.8% in the first half of 2024 compared to the previous year, alongside an operating loss improvement of 34%. Despite these figures, the company’s total assets slightly decreased from RMB 1,920,099 thousand to RMB 1,886,560 thousand over the same period. The summary also highlights a significant increase in adjusted net loss by approximately 210% and a smaller rise in adjusted EBITDA by 23.8%.
For further insights into HK:2100 stock, check out TipRanks’ Stock Analysis page.