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BAIOO Family Swings to Loss in 2023 as Revenue Declines
BAIOO Family Interactive (HKG:2100) swung to an attributable loss of 31.5 million yuan, or 0.0117 yuan per share, in 2023, from a profit of 10.2 million yuan, or 0.0038 yuan per share, in 2022, accord
百奧家庭互動:年度報告 2023
百奧家庭互動:股東週年大會通告
Baiao Family Interactive (02100) The average income of paid accounts in the first quarter was 170.1 yuan, up 13% month-on-month
Zhitong Finance App News, Baiao Family Interactive (02100) announced that in the first quarter of 2024, the company had 5.9 million quarterly active accounts and 900,000 quarterly paid accounts, all unchanged from the previous quarter. The average revenue of paid accounts for the quarter was RMB 170.1, up 13% from the previous quarter. The month-on-month increase was mainly due to the company's current games continuing to launch innovative and interesting game content, and users' willingness to pay continued to increase. In the first quarter of 2024, Baiao continued to focus on competitive game segments and continue to implement refined intellectual property (IP) long life cycle operations
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.
Looking at Baiao Family Interaction through the 2023 Report (02100): Core business is resilient, innovative advantages unleash growth potential
In 2024, game stocks, which have experienced continuous adjustments, have a valuation advantage in industry comparisons. The market's focus is gradually once again on this sector, which has been mistaken and undervalued, and has high growth potential. Investors also urgently need to find high-quality targets with stable and far-reaching growth and certainty in the gradually recovering Internet industry. At a time of intense publication of Hong Kong stock annual reports, in the past year, in the face of a challenging economic environment, Baiao Family Interactive (02100), an established game manufacturer with a major IP, still achieved impressive performance: it achieved resilient growth throughout the year, and its core business remained stable.
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