游莱互动(02022) - 2019 - 中期财报

Financial Performance - Digital Hollywood Interactive Limited reported a revenue of HK$XX million for the six months ended June 30, 2019, representing a year-on-year increase of XX%[12]. - The company achieved a net profit of HK$XX million during the reporting period, reflecting a growth of XX% compared to the previous year[12]. - Revenue for the Reporting Period amounted to approximately US$9.0 million, representing a decrease of 36.2% from approximately US$14.1 million for the corresponding period in 2018[20]. - Gross profit for the Reporting Period amounted to approximately US$4.1 million, representing a decrease of 50.0% from approximately US$8.2 million for the corresponding period in 2018[21]. - Non-IFRS adjusted loss attributable to owners of the Company for the Reporting Period amounted to approximately US$3.9 million, compared to a profit of approximately US$3.3 million for the corresponding period in 2018[22]. - Loss attributable to owners of the Company for the Reporting Period amounted to approximately US$4.8 million, compared to a profit of approximately US$2.2 million for the corresponding period in 2018[23]. - The Group's revenue for the reporting period was approximately US$9.0 million, a decrease of approximately US$5.1 million or 36.2% compared to approximately US$14.1 million in the same period of 2018[35]. - The total comprehensive loss for the period was $5,404,538, contrasting with a comprehensive income of $2,045,670 in 2018[191]. - Loss attributable to owners of the company was $4,774,677, compared to a profit of $2,194,105 in the previous year[191]. Operational Metrics - User engagement metrics showed an increase, with active users rising by XX% to reach XX million[12]. - The decrease in revenue was mainly due to certain games entering the mature stage of their lifecycles, newly launched games not achieving expected performance, and the absence of one-off licensing fees recognized in the previous period amounting to US$2.6 million[34]. - The Group launched English versions of two HTML5 games, "Legend of Warships" and "Eternal Fury 2," globally in 2019 and plans to release more HTML5 games in additional countries and regions[30]. - The Group aims to extend its game portfolio and enhance its presence in the HTML5 game distribution markets while cooperating with business partners for research and development[30]. Future Outlook and Strategy - The company has outlined a future outlook with a revenue growth target of XX% for the next fiscal year, driven by new product launches and market expansion strategies[12]. - Digital Hollywood is investing in the development of new technologies, including HTML5-based applications, to enhance user experience and engagement[12]. - The company plans to expand its market presence in the Asia-Pacific region, targeting a XX% increase in market share by the end of 2020[12]. - A strategic acquisition is in the pipeline, aimed at enhancing the company's product offerings and customer base, with an estimated cost of HK$XX million[12]. - The management has indicated a focus on improving operational efficiency, with a target to reduce costs by XX% over the next year[12]. - Digital Hollywood is exploring partnerships with other tech firms to leverage synergies and drive innovation in its product development[12]. - The company has set a goal to increase its R&D budget by XX% to support the development of new gaming technologies and platforms[12]. Financial Position - Total assets as of June 30, 2019, were approximately US$60.7 million, down from US$63.7 million as of December 31, 2018[25]. - Total liabilities as of June 30, 2019, were approximately US$12.0 million, compared to US$10.5 million as of December 31, 2018[25]. - Equity attributable to the owners of the Company as of June 30, 2019, was approximately US$48.7 million, down from US$53.3 million as of December 31, 2018[25]. - The Group's current assets were approximately $48.7 million, with a current ratio of 4.9 as of June 30, 2019, compared to 5.0 as of December 31, 2018[62]. - Cash and cash equivalents at the end of the period stood at USD 25,429,447, down from USD 32,598,242 at the beginning of the period[198]. Governance and Compliance - The Board has confirmed compliance with the corporate governance code, except for the deviation regarding the roles of chairman and chief executive officer, which are held by the same individual[100]. - The Audit Committee has reviewed the unaudited interim condensed consolidated financial information and confirmed compliance with applicable accounting principles and standards[106]. - The external auditor, PricewaterhouseCoopers, conducted an independent review of the Group's financial information in accordance with international standards[107]. - The company maintains a high standard of corporate governance and will continue to review its practices[102]. - The company has adopted a Model Code for securities transactions, and all directors confirmed compliance during the reporting period[104]. Employee and Remuneration - Total remuneration expenses for the reporting period were $2.0 million, representing an increase of 25.0% compared to the corresponding period in 2018[90]. - The Group had 188 employees as of June 30, 2019, an increase from 182 employees as of December 31, 2018[90]. Shareholder Information - The company has a significant interest in its shares, with Mr. LU Yuanfeng holding 947,958,387 shares, representing approximately 47.40% of the total issued share capital[121]. - As of June 30, 2019, LYF Digital Holdings Limited, LXT Digital Holdings Limited, and HDQ Digital Holdings Limited held 27.64%, 2.85%, and 4.91% of the issued share capital respectively, making them associated corporations[137]. - 7Road Holdings Limited has a significant interest with 310,496,901 shares, accounting for 15.52% of the total issued share capital[151]. Cash Flow and Investments - Cash generated from operations was negative at USD (6,118,136) for the six months ended June 30, 2019, compared to a positive cash flow of USD 2,691,975 in the same period of 2018[198]. - The company made investments in property, plant, and equipment totaling USD 215,661 and intangible assets of USD 276,589[198].