XD (HKG:2400) expects a net profit of between around 220 million yuan and 270 million yuan for the six months ended June 30, up 114% to 163% from the year-ago period, a Monday bourse filing said.
The mobile game developer attributed the rise in profit mainly to a boost in gross profit amid an improved revenue and gross margin.
Shares of the company closed nearly 6% lower on Monday.
Price (HKD): $21.30, Change: $-1.25, Percent Change: -5.54%
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