XD Inc. has announced its unaudited consolidated interim results for the six months ended June 30, 2024, showing significant growth in revenue and gross profit. Revenue increased from RMB 1,753,102 thousand in the same period of 2023 to RMB 2,220,567 thousand, a growth of 26.7%. Gross profit increased from RMB 1,037,261 thousand to RMB 1,496,811 thousand, a growth of 44.3%. During the period, net profit surged from RMB 102,788 thousand to RMB 250,579 thousand, a growth of 143.8%. The net profit attributable to equity holders of the company also increased from RMB 90,194 thousand to RMB 205,102 thousand, a growth of 127.4%. Adjusted net profit and adjusted net profit attributable to equity holders of the company increased by 115.1% and 110.0% respectively. The gaming business revenue increased by 29.3% year-on-year, while the revenue from the TapTap...Show More

XD Inc. has announced its unaudited consolidated interim results for the six months ended June 30, 2024, showing significant growth in revenue and gross profit. Revenue increased from RMB 1,753,102 thousand in the same period of 2023 to RMB 2,220,567 thousand, a growth of 26.7%. Gross profit increased from RMB 1,037,261 thousand to RMB 1,496,811 thousand, a growth of 44.3%. During the period, net profit surged from RMB 102,788 thousand to RMB 250,579 thousand, a growth of 143.8%. The net profit attributable to equity holders of the company also increased from RMB 90,194 thousand to RMB 205,102 thousand, a growth of 127.4%. Adjusted net profit and adjusted net profit attributable to equity holders of the company increased by 115.1% and 110.0% respectively. The gaming business revenue increased by 29.3% year-on-year, while the revenue from the TapTap platform business increased by 21.7%. However, the average monthly active users and average monthly paying users of online games decreased by 28.1% and 21.4% respectively, but the average monthly active users of TapTap China App increased by 27.3%. The company launched multiple new games during the reporting period and conducted a series of business adjustments and technological innovations to enhance user experience and service capabilities.