XD.Inc (2400.HK) is a game developer, operator and publisher in China, its main
business is game operating and information services. Gaming operating include
online games and premium games, its revenue mainly come from the sales of
virtual items of online games and revenue generated from premium games by
third parties and self-owned distribution platforms. Information service’s revenue
mainly comes from the income generated when the player interactive community
and game recommendation platform TapTap provide online promotion services.
As of June 30, 2022, the company current titles portfolio included 20 online games
and 22 premium games.
A review of Q2 2022 Results
XD.Inc (2400.HK) has announced the interim report ended June 30 2022. The
company’s revenue amounted to RMB 1594.0 million, representing an increase of
15.6% YoY. Gross profit amounted to RMB 782.9 million, representing an increase
of 15.7%. Gross profit margin was 49.1%, roughly flat YoY. The loss for the period
was RMB 381.4 million, representing an increase of 18.3% YoY.