Rego Interactive Co., Ltd. (HK:2422) has released an update.
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Rego Interactive Co., Ltd. has reported a significant increase in revenue of 68.5% for the first half of 2024 compared to the same period in 2023, although gross profit and profits attributable to owners saw declines of 4.5% and 69.9%, respectively. Despite challenging market conditions, the company has not declared an interim dividend and is focusing on leveraging its advertising experience and new lottery products to navigate a rapidly changing Chinese market. The overall lottery market in China has seen robust growth, with a 36.5% increase in sales in 2023.
For further insights into HK:2422 stock, check out TipRanks’ Stock Analysis page.