OURGAME (06899) announced its mid-term performance for 2025. The net loss attributable to equity holders increased by 93% to 38.161 million yuan compared to the same period last year.
Lianzhong (06899) announced its mid-term performance in 2025, with revenue of 43.236 million yuan, a year-on-year decrease of 13.8%...
OURGAME (06899) announced its mid-year performance in 2025, with revenue of 43.236 million yuan, a decrease of 13.8% year-on-year; the company's equity holders' share of the loss for the period was 38.161 million yuan, an increase of 93% year-on-year; basic loss per share was 3.56 cents.
The announcement stated that the company's main operating data remained stable but overall losses increased, mainly due to an increase in sales expenses and new product research and development expenses during the period, as well as a significant increase in professional expenses for resumption of trading, and an increase in litigation expenses of affiliate AGAE resulting in an increase in the company's share of affiliate company losses.
The decrease in revenue was mainly due to the company's mobile gaming business remaining stable during the period, but the average revenue per user (ARPU) for each user in the OURGAME gaming hall decreased, leading to a overall decrease in revenue from the OURGAME gaming hall, and the activity of the MCN business has not fully reflected in the revenue.
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