Gelonghui, March 26, 丨 Feiyu Technology (01022.HK) announced that for the year ended December 31, 2023, revenue was about RMB 226 million, up 18.1% year on year; gross profit was about RMB 194 million, up 26.1% year on year; annual profit attributable to parent company owners was about RMB 52.03 million, and parent company owners should account for annual losses of about RMB 296.37 million; basic profit per share was RMB 0.03 million.
In 2023, game operating revenue was approximately RMB 174.7 million, an increase of approximately 13.6% over the previous year. This increase was mainly due to the launch of “Immortal Path 3” in June 2023, which fans of the game series have been eagerly awaiting, and was well received after launch. This growth also benefited from the launch of “Defend the Radish 4” in June 2022. The game contributed only six months of revenue in 2022 and 12 months of revenue in 2023. This increase was partly offset by reduced revenue from Doodle, which launched in the first half of 2022 and reached maturity in its life expectancy cycle in 2023.