IDreamSky Technology Expects Return to Profit in 2025

MT Newswires Live
03/16

IDreamSky Technology (HKG:1119) expects to record net profit of 10 million yuan to 30 million yuan for 2025, compared with a net loss of 545 million yuan a year earlier, according to a Monday Hong Kong bourse filing.

The game developer said the expected turnaround was mainly due to the strong performance of its self-developed game products, lower research and development spending as games entered commercialization, and improved cost control.

The company said its annual results are expected to be published at the end of March.

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