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Tian Ge Interactive Holdings ( (HK:1980) ) has shared an update.
Tian Ge Interactive Holdings has revised its revenue recognition policy for its key “Sila Chat” social interactive platform, deciding that for the 2025 financial year it will recognise revenue on a net basis based on cash proceeds received from its distributor rather than at users’ recharging amounts. The reassessment, carried out while preparing the 2025 annual accounts under IFRS 15 guidance, will reduce reported interim 2025 revenue and corresponding costs but leaves gross profit and net results unchanged, meaning the change affects presentation rather than underlying profitability, with final audited 2025 figures expected around 30 March 2026.
The company disclosed that total unaudited revenue for the six months ended 30 June 2025 would be adjusted from RMB32.4 million to RMB16.2 million, with similar downward revisions to online interactive entertainment and live social platform revenue, while gross profit remains at RMB10.9 million and loss attributable to owners stays at RMB22.4 million. Management emphasised that the modification aligns the accounting treatment with its actual role in the “Sila Chat” distribution chain and clarifies financial reporting for shareholders and potential investors without altering the Group’s economic performance over the interim period.
The most recent analyst rating on (HK:1980) stock is a Hold with a HK$0.77 price target. To see the full list of analyst forecasts on Tian Ge Interactive Holdings stock, see the HK:1980 Stock Forecast page.
More about Tian Ge Interactive Holdings
Tian Ge Interactive Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong that operates online interactive entertainment services, including live social interactive platforms. One of its major revenue-generating products in 2025 is the “Sila Chat” social interactive platform, which relies on virtual gift sales facilitated through a distributor arrangement.
Average Trading Volume: 1,336,611
Technical Sentiment Signal: Buy
Current Market Cap: HK$824M
Learn more about 1980 stock on TipRanks’ Stock Analysis page.