Summary by Futu AI
In the first half of 2024, IGG turned a loss into a profit, with a period profit of 0.33 billion Hong Kong dollars, a year-on-year increase of 9% to 2.74 billion Hong Kong dollars. The Group declared an interim dividend of 8.5 Hong Kong cents per share of ordinary stock, accounting for approximately 30% of the half-year profit. The cumulative repurchase amount in the first half of the year was nearly 33 million Hong Kong dollars, and the total amount of dividend and repurchase accounted for approximately 40% of the half-year profit. IGG Group continues to drive steady growth in core gaming and app business revenue, and continues to optimize costs, deeply applying AIGC technology to enhance profitability.