XD INC(HK:02400) Ge Long Hui·2025-08-29 04:25Core Insights - The company reported significant growth in its mid-year performance for 2025, with revenue reaching RMB 3.082 billion, a year-on-year increase of 38.8% [1] - Gross profit was RMB 2.253 billion, reflecting a 50.5% year-on-year growth [1] - Profit attributable to equity holders surged to RMB 755 million, marking a 268.0% increase compared to the previous year [1] - Adjusted profit attributable to equity holders was RMB 796 million, up 235.3% year-on-year [1] Business Performance - The company experienced continuous growth in its business, with both revenue and operating profit showing significant year-on-year increases [2] - In the gaming sector, titles such as "Ragnarok M: Classic," "Heartopia," and "Torchlight: Infinite" performed well, contributing to a 39.4% increase in gaming revenue compared to the same period last year [2] - "Heartopia" and "Torchlight: Infinite" are identified as having the potential to become evergreen games, with plans for ongoing R&D investment to attract more players [2] - In the platform business, improvements in advertising algorithms and user engagement led to a 37.6% year-on-year revenue growth for TapTap [2] - To align with the industry's trend of cross-platform gaming, the company launched a PC version of TapTap, enhancing convenience for players and developers [2] User Metrics - The average monthly active users reached 11.409 million, a 19.7% increase year-on-year [1] - The average monthly paying users were 1.322 million, reflecting a 21.1% growth compared to the previous year [1] - The average monthly active users for the Chinese version of the TapTap app stood at 43.625 million, showing a slight increase of 0.9% year-on-year [1]