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The latest announcement is out from iDreamSky Technology Holdings Limited ( (HK:1119) ).
iDreamSky Technology Holdings Limited has announced a positive profit alert for the first half of 2025, expecting a net profit ranging from RMB20 million to RMB50 million, a significant turnaround from a net loss of RMB109 million in the same period last year. This improvement is attributed to the successful launch of new and self-developed products, enhancing the company’s profit margin and stabilizing its operating cash flow.
More about iDreamSky Technology Holdings Limited
iDreamSky Technology Holdings Limited operates in the technology industry, focusing on the development and distribution of digital entertainment products. The company is known for its self-developed products and has a significant market presence in the digital gaming sector.
Average Trading Volume: 8,875,791
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.47B
See more insights into 1119 stock on TipRanks’ Stock Analysis page.