Friendtimes (06820.HK) expects to have revenues of approximately ¥0.52-0.53 billion for the six months ending June 30, with a year-on-year decrease of approximately 14.6%-16.2% and a growth of approximately 19.4%-21.6% compared to the previous six months. Net loss is approximately ¥69 million-¥79 million, with a year-on-year narrowing of approximately 2.4%-14.8%. The main reason for the loss is that old gaming revenues have declined normally with the lifecycle, and significant promotion costs were incurred when launching new games.
《盈警》友誼時光(06820.HK)料中期淨虧損按年收窄約2.4%至14.8%
Ying Jing's friendtimes (06820.HK) is expected to reduce its net loss by about 2.4% year-on-year to 14.8% in the middle of the year.
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