FRIENDTIMES released its interim results, with a net profit of 40.713 million yuan
FRIENDTIMES released its mid-term results for 2025, with revenue of 623 million yuan, a year-on-year increase of 18.5%; net profit of 40.713 million yuan, with basic earnings per share of 0.02 yuan. The growth in performance is mainly attributed to the revenue increase from new games, the rise in the proportion of high-margin channel income, and the decrease in research and development and sales expense ratios. The company is developing multiple new games and plans to deepen the integration of research and operations, strengthen technology research and development and operational systems, promote the application of AI technology, and implement a globalization development strategy
According to the Zhitong Finance APP, FRIENDTIMES (06820) released its mid-term results for 2025, with revenue of 623 million yuan (RMB, the same below), a year-on-year increase of 18.5%; net profit of 40.713 million yuan; basic earnings per share of 0.02 yuan.
The main reasons for the year-on-year increase in profit during the reporting period are: (1) revenue growth from new games, with the mini-games "Du Lala's Promotion" and "Ling Yun Nuo" performing exceptionally well; (2) an increase in the proportion of high-margin channel revenue during the reporting period, driving a gross margin increase of about 5 percentage points; (3) a decrease in both the research and development expense ratio and the sales expense ratio during the reporting period.
In addition, the company's reserve games, including "Code Name: Lover," "Code Name: Flower," "Code Name: Relic," and "Code Name: MX," are currently under research and testing. In the future, the company will continue to deepen the integration of research and operations, strengthen its underlying technology research and development capabilities and refined operational systems, and improve its full lifecycle product management capabilities by expanding multi-channel distribution networks and long-term operational mechanisms. The company will work on the iteration of management systems and performance mechanisms, continuously improving cost control. The company will accelerate the application of AI technology and innovative experiments, promote process innovation in all scenarios, and strive to bring players more refreshing experiences. The company will firmly implement a global development strategy, practicing the "regional deep cultivation + category breakthrough" strategy to create a boutique game matrix that combines cultural characteristics with global aesthetics
