Feiyu Technology International Company Ltd. ( (HK:1022) ) has issued an announcement.
Feiyu Technology International Company Ltd. reported a 22.4% increase in revenue for 2024, driven by the successful launch of new HTML5 games, particularly Yi Bu Liang Bu, which gained significant traction. Despite the revenue growth, the company faced a loss of RMB44.4 million due to increased promotional expenses. The company remains optimistic about the future, expecting strong returns from its new game and continued stability from its established titles.
More about Feiyu Technology International Company Ltd.
Feiyu Technology International Company Ltd. operates in the online gaming industry, focusing on developing high-quality games with engaging experiences. The company leverages its in-house developed intellectual properties and has strategically capitalized on the growing opportunities in the HTML5 games segment.
YTD Price Performance: -20.42%
Average Trading Volume: 607,416
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$334.1M
See more data about 1022 stock on TipRanks’ Stock Analysis page.