OURGAME (06899) announced its annual performance for 2023, with a net loss of 62.765 million yuan attributable to equity holders, an increase of 76.5% year-on-year.

OURGAME (06899) announced its annual performance for 2023, with a revenue of 88.996 million yuan, a decrease of 12.4% year-on-year. The company's equity holders' share of the annual loss was 62.765 million yuan, an increase of 76.5% year-on-year. Basic loss per share was 5.9 cents. The announcement stated that the increase in losses was mainly due to impairment losses on financial assets recognized at fair value and expected credit loss models in historical investment projects, as well as expenses incurred for write-backs and recovery of historical receivables.