XD Inc. provided earnings guidance for the six months ended June 30, 2023. The Group is expected to record a revenue ranging from approximately RMB 1,720 million to RMB 1,780 million, representing an increase of approximately 7.9% to 11.7% as compared to the corresponding period of the last year. The expected increase in revenue is mainly attributable to the increase in information services revenue from TapTap PRC as well as games revenue; and a net profit ranging from approximately RMB 70 million to RMB 130 million, while the Group recorded a net loss of approximately RMB 381 million for the corresponding period of the last year.
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Apr. 10 | XD's Unit to Acquire 35% Stake in Gaming Company for $21.6 Million | MT |
Mar. 29 | Jefferies Adjusts XD’s Price Target to HK$18 From HK$22, Keeps at Buy | MT |
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- XD Inc. Provides Earnings Guidance for the Six Months Ended June 30, 2023