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火岩控股上半年预亏1820万港元
Xi Niu Cai Jing· 2025-08-01 12:35
Core Viewpoint - Fire Rock Holdings expects to report a loss of approximately HKD 18.2 million for the six months ending June 30, 2025, compared to a profit of approximately HKD 6.8 million for the same period ending June 30, 2024 [1] Financial Performance Summary - The board of Fire Rock Holdings attributes the decline in financial performance to three main reasons: 1. Increased amortization of intangible assets due to the commercial launch of a self-developed mobile game during the relevant period [4] 2. Provision for impairment losses on intangible assets due to uncertainty regarding the future performance of existing mobile games [4] 3. Rising employee costs, which significantly impact the company's operations, as human resources are crucial for product development, operation maintenance, and marketing [4] Historical Context - Fire Rock Holdings previously faced a significant financial impact due to a penalty of HKD 470 million related to its fishing game being involved in gambling activities, which resulted in the company losing decision-making power over a major subsidiary since December 2021 [4] - The company's revenue-to-labor cost ratio as of December 31, 2024, was -0.30348840, indicating the substantial effect of labor costs on its operational performance [4] Future Outlook - Fire Rock Holdings is expected to release its interim results announcement in mid-August 2025 [4]