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The latest update is out from Fire Rock Holdings Ltd ( (HK:1909) ).
Fire Rock Holdings Ltd has issued a profit warning, expecting a loss of approximately HK$18.2 million for the first half of 2025, compared to a profit of HK$6.8 million in the same period of 2024. The decline in financial performance is attributed to increased amortization of intangible assets for a newly launched mobile game, impairment provisions due to uncertainties in existing games, and rising staff costs.
More about Fire Rock Holdings Ltd
Fire Rock Holdings Ltd is involved in the development and commercialization of mobile games, focusing on creating engaging digital entertainment experiences.
Average Trading Volume: 67,741
Technical Sentiment Signal: Sell
Current Market Cap: HK$368.6M
Find detailed analytics on 1909 stock on TipRanks’ Stock Analysis page.