tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

XD Inc. Projects Significant Profit Growth for First Half of 2025

Story Highlights
XD Inc. Projects Significant Profit Growth for First Half of 2025

Meet Your ETF AI Analyst

The latest update is out from XD, Inc. ( (HK:2400) ).

XD Inc. has issued a positive profit alert, announcing an expected revenue of no less than RMB3,050 million for the first half of 2025, marking a 37% increase compared to the same period in 2024. The net profit is projected to reach at least RMB790 million, a 215% rise from the previous year. This growth is attributed to the strong performance of its self-developed games and the sustained growth of TapTap, despite some offsetting factors such as decreased revenue from certain existing games and increased performance-based compensation.

The most recent analyst rating on (HK:2400) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on XD, Inc. stock, see the HK:2400 Stock Forecast page.

More about XD, Inc.

XD Inc. is a company incorporated in the Cayman Islands, primarily engaged in the development and operation of games. The company is known for its self-developed games such as Ragnarok M: Classic, Heartopia, and Torchlight: Infinite, which have contributed significantly to its revenue growth.

Average Trading Volume: 3,003,039

Technical Sentiment Signal: Buy

Current Market Cap: HK$25.6B

Learn more about 2400 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1