Rego Interactive Reports 2024 Financial Results Amid Market Challenges

Rego Interactive Co., Ltd. ( (HK:2422) ) just unveiled an announcement.

Rego Interactive Co., Ltd. reported its annual financial results for 2024, revealing a 28% increase in revenue to RMB 244,646,000, but a significant decline in profitability with a net loss of RMB 37,960,000. The downturn in consumer market sentiment in China and reduced marketing budgets impacted the company’s financial performance. Despite challenges, the company aims to capitalize on the growing demand for new products and technology in the advertising sector. The Chinese lottery market, where Rego Interactive is involved, saw a 7.6% increase in sales, indicating potential opportunities for growth.

More about Rego Interactive Co., Ltd.

Rego Interactive Co., Ltd. operates in the advertising industry, providing targeted and effective advertising services. The company leverages its deep understanding of advertisers’ needs and marketing strategies to navigate the competitive advertising market in China. Additionally, Rego Interactive has introduced Lottery experience tickets as a new product to enhance its service offerings.

YTD Price Performance: -53.26%

Average Trading Volume: 813,644

Technical Sentiment Signal: Buy

Current Market Cap: HK$645M

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