Summary by Moomoo AI
Heart Corporation (stock code: 2400) announced its results for the year ended 31 December 2023 with a slight decrease in revenue by 1.2% to RMB3,389,144 thousand and gross profit up 12.7% to RMB2,068,370 thousand. The loss for the year decreased significantly by 88.6% to RMB65,362 thousand, and the loss attributable to equity holders of the Company decreased significantly by 85.0% to RMB83,039 thousand. The average monthly active users of online games fell 23.3% and the average monthly paid users decreased by 16.9%. TapTap's Chinese app average monthly active users decreased 13.6% and the average monthly active users for international apps decreased 36.6%. In 2023, the company launched several new games and applied AIGC technology to game development and platform user services, and looks forward to further leveraging the technology to improve content production efficiency and user service capabilities in the future.