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Qingci Games, Inc. ( (HK:6633) ) has issued an update.
Qingci Games Inc. reported a significant decline in revenue and gross profit for the year ended December 31, 2024, compared to the previous year, despite achieving a turnaround in net profit. The company is navigating a challenging gaming industry landscape marked by fierce competition and rising user acquisition costs, while also embracing emerging technologies and enhancing its product quality to strengthen its market position and expand globally.
More about Qingci Games, Inc.
Qingci Games Inc. is a prominent mobile game developer and publisher based in China, known for delivering captivating gaming experiences globally. The company focuses on high-quality content and operational efficiency, aiming to expand its presence in the international market.
YTD Price Performance: 15.11%
Average Trading Volume: 7,535
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.47B
For a thorough assessment of 6633 stock, go to TipRanks’ Stock Analysis page.