XD INC (02400) Reports Interim Results with Shareholder Profit of 755 Million Yuan, Up 268% Year-over-Year

Stock News
2025/08/29

XD INC (02400) announced its interim results for the six months ended June 30, 2025, showing strong financial performance across key metrics. The group achieved revenue of 3.082 billion yuan, representing a 38.8% year-over-year increase. Profit attributable to equity holders reached 755 million yuan, surging 268% compared to the same period last year. Additionally, adjusted profit attributable to equity holders totaled 796 million yuan, marking a substantial 235.3% year-over-year growth.

During the first half of 2025, the company's business continued its growth trajectory, with both revenue and operating profit achieving significant year-over-year improvements. In the gaming segment, strong performances from "Ragnarok M: Classic," "Heartopia," and "Torchlight: Infinite" drove gaming business revenue up 39.4% compared to the previous year. Both "Heartopia" and "Torchlight: Infinite" demonstrate potential to become evergreen titles, and the company plans to continue investing in their development to attract an expanding player base.

For the platform business, TapTap achieved 37.6% year-over-year revenue growth through enhanced advertising algorithms and improved user engagement. Responding to the industry trend toward cross-platform connectivity for large-scale games, the company launched TapTap PC version, working in synergy with the mobile app to provide more convenient services for players and developers.

The company positions self-developed games as a core growth driver and maintains continuous investment in game development. As of June 30, 2025, XD INC employed 745 staff members in game development, an increase of 21 from December 31, 2024. Since 2024, with the successful launch of several self-developed games and the initiation of new projects, the game development business has entered a phase of stable growth.

As of June 30, 2025, the company has one online game in the development stage. Furthermore, several new games are in the pre-development phase, which may be formally approved for development based on project progress in the future.

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