Friendtimes (06820) surged over 15%, as of the time of publication, it rose by 15.38%, trading at 0.6 Hong Kong dollars, with a turnover of 0.6662 million Hong Kong dollars.
According to the WiseFinancial APP, Friendtimes (06820) surged over 15%, as of the time of publication, it rose by 15.38%, trading at 0.6 Hong Kong dollars, with a turnover of 0.6662 million Hong Kong dollars.
On the news front, in the first half of this year, Friendtimes achieved revenue of 0.526 billion yuan (RMB, the same below); gross profit of 0.36 billion yuan. During the period, the total revenue increased by 20.7% compared to the second half of 2023, mainly due to the online launch of the Simplified Chinese version of 'Eternal Love of Dream' on January 2, 2024, and its subsequent availability in China, Hong Kong, Macau, Taiwan, and South Korea on March 21 and June 27, respectively; and the revenue increment brought by the online launch of the game 'Clouds Above' with monthly revenue exceeding tens of millions for several consecutive months.
In July of this year, Friendtimes launched an RPG game 'Ink Sword Jianghu' set in a Chinese martial arts fantasy world. After its launch, the game quickly entered the Top 50 of the best-selling games on the Chinese iOS platform, ranked Top 1 on Vivo and Xiaomi's rising list, and Top 2 on TapTap's new product list. CICC pointed out that the company's game categories are gradually expanding, and in the second half of the year, attention will be on the volume of 'Ink Sword Jianghu' and small game terminals, as well as new game reserves in the APP. Judging from the current reserves and some newly launched games of the company, there is a certain breakthrough beyond the female-oriented segment, as the aforementioned 'Ink Sword Jianghu' is a Chinese martial arts genre game leaning towards male players.