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XD Inc. Reveals Strong Financial Growth Amidst User Fluctuations

XD Inc. Reveals Strong Financial Growth Amidst User Fluctuations

XD, Inc. (HK:2400) has released an update.

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XD Inc. reports a robust financial performance for the first half of 2024, with a significant increase in revenue by 26.7%, gross profit up by 44.3%, and a 143.8% surge in profits compared to the same period last year. Despite these gains, the company experienced a decline in average monthly active users (MAUs) and paying users (MPUs) for its online games, while its TapTap platform saw growth in domestic users but a decrease internationally.

For further insights into HK:2400 stock, check out TipRanks’ Stock Analysis page.

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