FriendTimes Turns to 2025 Profit; Dividend Declared

MT Newswires Live03-24 21:23

FriendTimes (HKG:6820) recorded an attributable profit of 93.2 million yuan in the year 2025, compared with an attributable loss of 48.9 million yuan, according to a Tuesday Hong Kong bourse filing.

Earnings per share stood at 0.04 yuan for the period, compared with a loss per share of 0.02 yuan in the previous fiscal year.

The mobile game developer's revenue jumped 7.3% to 1.25 billion yuan from 1.16 billion yuan previously.

The company attributed the turnaround in profit mainly to higher revenue, a growth in gross profit margin, cost and expense management, and improved work efficiency.

The firm proposed a final dividend of HK$0.02 per ordinary share for the year, payable around June 10, subject to shareholder approval.

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