7Road Swings to 2023 Loss Despite Higher Revenue
7Road Holdings (HKG:0797) incurred an attributable loss of 146.5 million yuan for 2023, against an attributable profit of 282.5 million yuan a year earlier, according to the company's annual report po
第七大道:2023年報
The March ranking of Chinese mobile game revenue and downloads in overseas markets has been released! “Last War: Survival Game” hits the revenue list for the first time
The Zhitong Finance App learned that according to the latest data from the Sensor Tower store intelligence platform, in March 2024, the revenue and download rankings of Chinese mobile game products in overseas markets were released. The 4X strategy mobile game “Last War: Survival Game”, which combines casual gameplay, increased by 40% in March, breaking through 100 million US dollars, a record high, and topped the overseas mobile game revenue list for the first time.
Seventh Avenue (00797) plans to sell the entire registered share capital of Shanghai Lingsu Network for 14.85 million yuan
Zhitong Finance App News, Seventh Avenue (00797) issued an announcement. On March 28, 2024, Shenzhen Seventh Avenue signed a sale agreement with the buyer Shanghai Canghuo Network. Shenzhen Seventh Avenue agreed to sell and the buyer agreed to buy the sale shares at a cost of RMB 14.85 million, subject to the terms and conditions of the sale agreement. The sale shares are equivalent to the total registered share capital of the target company Shanghai Lingsu Network. After the sale is completed, the Group will no longer have any interest in the target company, and the target company will no longer be recorded as a subsidiary of the Company. Prior to the completion of the sale, the target company went to certain financials
Seventh Avenue (00797.HK)'s total revenue in 2023 was about 628 million yuan, up about 16.1% year-on-year
Gelonghui, March 28, Seventh Avenue (00797.HK) announced that for the year ended December 31, 2023, the company's total revenue was approximately RMB 627.7 million, an increase of about 16.1% over the previous year. The company recorded a loss attributable to company owners of approximately RMB 146.5 million, a decrease of about 151.8% compared with the previous year.
7ROAD: DISCLOSEABLE TRANSACTIONS (1) DISPOSAL OF A SUBSIDIARY; AND (2) FINANCIAL ASSISTANCE AND ADVANCE TO AN ENTITY
7ROAD: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Seventh Avenue (00797.HK) will hold a board meeting on March 28 to approve the full year results
Gelonghui, March 18 | Seventh Avenue (00797.HK) announced that the company will hold a board meeting on March 28, 2024 to adopt the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the proposed payment of a final dividend (if any).
The Returns On Capital At 7Road Holdings (HKG:797) Don't Inspire Confidence
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, a
7Road Holdings CEO Steps Down
7Road Holdings (HKG:0797) Chief Executive Officer Peng Cheng resigned, effective Friday, for career planning reasons, according to a same-day filing with the Hong Kong bourse. Liu Zhizhen succeeded Ch
Seventh Avenue (00797.HK) appoints Liu Zhizhen as CEO
Gelonghui March 8 | Seventh Avenue (00797.HK) issued an announcement. Starting March 8, 2024, Mr. Peng Cheng will resign as the company's executive director and chief executive due to career planning reasons. In light of Mr. Peng's resignation, the board of directors is pleased to announce that Mr. Liu Zhizhen has been appointed as the company's CEO with effect from March 8, 2024.
7Road Forecasts Swing to Loss in 2023
7Road Holdings (HKG:0797) expects a net loss of around 140 million yuan for the year ended Dec. 31, 2023, versus a profit of 280 million yuan in the year-ago period, a Wednesday filing said. The mobil
Seventh Avenue (00797.HK) Profit Alert: Expected to record a net loss of about 140 million yuan in 2023
On February 28, GLONGHUI Seventh Avenue (00797.HK) announced that for the year ended December 31, 2023, the Group expects to record a net loss of approximately RMB 140 million, while annual profit of RMB 280 million was recorded for the year ended December 31, 2022. The conversion to profit to loss was mainly due to (i) the Group's revenue of about RMB 306 million in fiscal year 2022, which was not in fiscal year 2023; (ii) asset impairment related to the Group's cloud computing business; and (iii) increased losses due to changes in the fair value of the Group's financial assets.
7ROAD: PROFIT WARNING
Investors More Bullish on 7Road Holdings (HKG:797) This Week as Stock Hikes 18%, Despite Earnings Trending Downwards Over Past Five Years
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, the 7Road
Sensor Tower: In November, the overseas revenue of the Chinese mobile game “Genshin” increased 41% month-on-month, returning to the top of the overseas mobile game revenue list and growth list
Genshin's revenue in Japan, the largest overseas market, rose as high as 74%.
7ROAD: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE 2022 ANNUAL REPORT AND THE 2023 INTERIM REPORT
7ROAD: 2023 Interim Report
7ROAD: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
Despite the Downward Trend in Earnings at 7Road Holdings (HKG:797) the Stock Ascends 7.0%, Bringing Five-year Gains to 65%
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good
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