In the performance report, CMGE's half-year loss expanded to 639 million RMB, and no dividend will be distributed
CMGE (00302.HK) announced its interim results for the six months ended June this year, with revenue of RMB 763 million, a year-on-year decrease of 38.1%. Losses widened to RMB 639 million, compared to a loss of RMB 236 million in the same period last year; the loss per share was 21.32 cents. No interim dividend will be declared.
The group stated that several new games, including "Naruto: Ultimate Ninja," "Code: Dark Night Legend," "New Soul Street," "Code: Immortal," and "Code: Legend," are planned to be launched in the second half of this year, and it is expected that operational performance may turn around in the second half
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