According to Zhitong Finance App News, Liberal Arts Interactive (00434) announced results for the three months ended March 31, 2024. The group's revenue was 109 million yuan, up 14% year on year; profit attributable to shareholders was 352 million yuan, up 1127.6% year on year; gross profit of 77.112 million yuan, up 21.8% year on year.

According to the announcement, the increase in revenue was mainly due to the Group's hosting of certain online operations and continuous optimization of game products and gameplay during the reporting period, which led to an increase in the Group's revenue level.

The company will continue to focus on building a pure and leading Web3 listed company, further increasing the development of Web3 game products, continuing to enrich the content and gameplay of game products, continuously improving the company's game functions and infrastructure (including Web3 related infrastructure), striving to improve the user experience, continuously explore the operating model of game products, especially Web3 game products, and work intensively on product refinement and diversification of operations to create high-quality board game products, competitive tournament products, and industry-leading Web3 game products. The company will continue to expand overseas markets on the basis of consolidating the existing market, and will vigorously promote the Group's business development and layout in the Web3 field to achieve the Group's strategic plan for business development in the Web3 field.