The latest announcement is out from IGG ( (HK:0799) ).
IGG Inc has issued a positive profit alert, projecting a net profit of approximately HK$580 million for 2024, marking a substantial increase of around 700% from the previous year. The company’s growth has been driven by its new games and app business, with significant contributions to its revenue and a reduction in research and development expenses, enhancing its profitability.
More about IGG
IGG Inc is a company incorporated in the Cayman Islands focusing on the gaming and app industries. It has diversified its core game business and app businesses, contributing significantly to its revenue growth.
YTD Price Performance: 6.12%
Average Trading Volume: 4,373
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $607.3M
For detailed information about 0799 stock, go to TipRanks’ Stock Analysis page.
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