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An announcement from CMGE Technology Group Limited ( (HK:0302) ) is now available.
CMGE Technology Group Limited reported a significant decline in revenue and an increased net loss for the first half of 2025, primarily due to underperformance in its flagship game ‘Legend of Sword and Fairy: World’ and substantial marketing expenses. Despite these challenges, the company has launched several new games and expanded its overseas market presence, resulting in a 33.2% increase in overseas revenue. The company is optimistic about the second half of 2025, with plans to release multiple new games and expects its operations to improve.
The most recent analyst rating on (HK:0302) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on CMGE Technology Group Limited stock, see the HK:0302 Stock Forecast page.
More about CMGE Technology Group Limited
CMGE Technology Group Limited operates in the gaming industry, focusing on the development and distribution of mobile games. The company is known for its self-developed flagship games and has a significant market presence in Mainland China and overseas markets.
Average Trading Volume: 9,431,375
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.56B
See more insights into 0302 stock on TipRanks’ Stock Analysis page.