Summary by Futu AI
Fire Rock Holdings Limited (the “Company”) released its interim financial report for the six months ended June 30, 2024. The report indicates that the Company and its subsidiaries are primarily engaged in the development, publishing, and operation of web-based and mobile gaming. During the period, the Company's equity holders' attributable profit was HKD 6.8 million, a significant decrease from HKD 581.7 million in the same period last year, mainly due to the impact of one-off non-recurring income. Future profits may be difficult to predict due to market instability. The Group will continue to strengthen its game publishing business and expand into overseas markets. The revenue for the period was HKD 62,999 thousand, compared to HKD 64,540 thousand in the same period last year. The Group will continue to seek opportunities to acquire/appropriate adaptation rights for suitable materials and is expected to use the proceeds by the end of the year. The Board of Directors does not recommend the payment of interim dividends.
