Homeland Interactive Reports Increased Profits Despite Revenue Decline - TipRanks.com
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Homeland Interactive Reports Increased Profits Despite Revenue Decline - TipRanks.com
"Homeland Interactive Technology Ltd. announced its interim financial results for the six months ended June 30, 2025, reporting a 13.1% decline in revenue compared to the same period in 2024. Despite the decrease in revenue, the company saw a significant increase in profit for the period, rising by 58.8% year-on-year, attributed to a shift in revenue composition with a notable rise in third-party mobile game revenue and advertising revenue."
"The most recent analyst rating on (HK:3798) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Homeland Interactive Technology Ltd. stock, see the HK:3798 Stock Forecast page. More about Homeland Interactive Technology Ltd.Homeland Interactive Technology Ltd. is a company incorporated in the Cayman Islands, focusing on the development and distribution of mobile games. The company generates revenue from self-developed and third-party mobile games, as well as from advertising within its mini-programs."
Interim financial results for the six months ended June 30, 2025 show a 13.1% decline in revenue compared to the same period in 2024. Profit for the period increased by 58.8% year-on-year, driven by a shift in revenue composition and higher third-party mobile game and advertising revenue. Homeland Interactive Technology Ltd. is incorporated in the Cayman Islands and focuses on developing and distributing mobile games. Revenue sources include self-developed titles, third-party mobile games, and advertising within mini-programs. The most recent analyst rating on the stock (HK:3798) is Hold with a HK$1.00 price target. Average trading volume is 116,238 and market cap is HK$1.24B.
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