Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
CMGE Technology Group Limited ( (HK:0302) ) has issued an announcement.
CMGE Technology Group Limited has issued a profit warning, anticipating a net loss of up to RMB650 million for the first half of 2025, a significant increase from the RMB241.1 million loss in the same period of 2024. This decline is attributed to underperformance of their flagship game, Legend of Sword and Fairy: World, decreased revenue in Mainland China, increased non-operating expenses, and higher marketing costs for new game releases.
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 is a company incorporated in the Cayman Islands, operating primarily in the gaming industry. The company focuses on developing and distributing games, with a significant market presence in Mainland China and an expanding overseas business segment.
Average Trading Volume: 9,585,578
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.74B
See more insights into 0302 stock on TipRanks’ Stock Analysis page.