TANWAN (09890) has released its annual financial results for the period ending December 31, 2025. The company reported revenue of 4.158 billion yuan. Gross profit amounted to 2.374 billion yuan. Profit attributable to owners of the parent company was 1.487 billion yuan, marking a significant turnaround from a loss in the previous year. Basic earnings per share stood at 2.83 yuan.
Revenue from overseas operations reached 833 million yuan, representing a 33.6% year-on-year increase. The proportion of total revenue contributed by international business rose by 8.9 percentage points, from 11.1% in 2024 to 20.0%.
The group remains focused on its core strategy of "global distribution and operation of IP-based products." It is committed to building a gaming portfolio characterized by high quality, diversity, global reach, and long-term sustainability. In the new era of "AI + gaming," TANWAN leverages artificial intelligence technology to enhance its game publishing operations. By capitalizing on its key competitive advantages—precision marketing and long-cycle operations—the company aims to maximize the value of its game products.
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