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iDreamSky Reports Mixed Mid-Year Financials

iDreamSky Reports Mixed Mid-Year Financials

iDreamSky Technology Holdings Limited (HK:1119) has released an update.

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iDreamSky Technology Holdings Limited reported a decrease in revenue and profits for the first half of 2024 compared to the same period in 2023 but highlighted steady growth in the gaming industry and their core business. The company emphasized the enduring success of classic games like Subway Surfers and the Scapes series, which continue to perform well due to continuous updates and community engagement. iDreamSky also noted the effective use of AI technology and the increasing commercial value of its Fanbook community.

For further insights into HK:1119 stock, check out TipRanks’ Stock Analysis page.

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