G-bits network technology's Q3 revenue and profit both declined, with all quarterly profit used for dividends | Interpretations
①Due to the decline in core game revenue and profit, g-bits network technology's Q3 performance continued the downturn of Q2, with both revenue and profit declining; ②However, the company plans to distribute a cash dividend of 20.00 yuan (including tax) per 10 shares to all shareholders, totaling a cash dividend exceeding the company's Q3 net income attributable to shareholders; ③In addition, two key games under the company concluded the first round of paid testing and are expected to be launched between the end of this year and the first half of next year.
Why did Xu Xin 'escape' the leisure snack track after three squirrels inc. and bestore co.,ltd. were successively reduced by Jinri Capital?
1. Today, Capital successively reduced its shareholdings in Three Squirrels Inc. and Bestore Co., Ltd., which may be driven not only by their own financial needs but also by the intense competition and slowing growth in the leisure snack industry. 2. Focusing on penetrating the lower-tier market and emphasizing ultimate value for money, traditional snack brands are facing strategic decisions in response to the rise of bulk snack stores.
The largest batch within the year! 117 domestic games have been approved for release, including NetEase and other listed game companies.
Following the approval of 15 imported games at the beginning of the month, 117 domestic games were issued with licenses this month, making it the month with the highest number of domestic game licenses issued so far this year.
TikTok platform shows significant growth, three squirrels inc. net profit increased by over 80% in the first half of the year | Interpretations
①The Douyin channel has shown significant growth, and three squirrels inc.'s revenue in the first half of the year increased by 75.39% year-on-year; ②Benefiting from direct sourcing at the source of the nut category, as well as independent supply chain, combined with a decrease in management fee rate, the company's non-GAAP net margin increased by about two percentage points year-on-year.
The game "Black Myth: Wukong" continues to be popular, and is expected to drive an increase in demand for cloud gaming.
gtja securities believes that on August 20, 2024, the game science company's product "Black Myth: Wukong" went online, and the topic of the product continued, with the potential to break through the circle and attract more non-traditional console gamers who do not have hardware conditions to experience cloud gaming.
Trending first! Wukong exploded, a milestone in domestic gaming.
Come soaring through the clouds and face destiny head on!