Zhitong Financial APP News, Flying Fish Technology (01022) announced that the Group expects to make a net profit after tax of about RMB 35 million to RMB 50 million for the six months ended June 30, 2023, and a net loss of about RMB 7.8 million for the six months ended June 30, 2022.
The expected reversal of net profit after tax is mainly due to the following reasons: mainly due to the increase in revenue due to the launch of "defend radish 4" on June 30, 2022; as a result of the increase in revenue due to the launch of "Shenxian Road 3" on June 7, 2023, "Shenxian Road 3" is a much-anticipated sequel to the company's popular game "Immortal Road" and has been very popular in mainland China since its launch. And reduced expenditure as a result of the company's streamlining of its corporate structure to allocate capital and human resources to valuable business projects.