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An announcement from Forgame Holdings Ltd. ( (HK:0484) ) is now available.
Forgame Holdings Ltd. reported a 37.2% increase in operating revenue for 2024, reaching approximately RMB82.6 million, despite a challenging global economic environment marked by geopolitical conflicts and industry pressures. The company faced a net loss of RMB59.3 million due to increased investment in game development and competition from domestic semiconductor substitutes. Looking ahead, Forgame plans to leverage technology and ecology to enhance its operations, stabilize its game business, and explore new technologies like AI to improve product quality and efficiency.
More about Forgame Holdings Ltd.
Forgame Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the online gaming industry. The company focuses on web games and is expanding its electronic trade and financial investment businesses.
YTD Price Performance: -14.00%
Average Trading Volume: 6,857
Technical Sentiment Signal: Sell
Current Market Cap: €13.15M
Learn more about 0484 stock on TipRanks’ Stock Analysis page.