XD INC (02400.HK) shares are soaring 5.44% during intraday trading on Friday, following the release of its impressive interim results for the first half of 2025. The Chinese gaming company reported a more than tripling of its profit and a substantial increase in revenue, significantly outperforming market expectations.
According to the company's filing to the Hong Kong Stock Exchange, XD INC's profit attributable to equity holders reached 754.9 million yuan, representing a staggering 268% increase compared to the same period last year. The company's revenue climbed 39% year-on-year to 3.08 billion yuan, driven by strong performances in both its gaming and platform businesses.
XD INC's gaming segment saw a 39.4% year-over-year revenue growth, propelled by the success of titles such as "Ragnarok M: Classic," "Heartopia," and "Torchlight: Infinite." The company's platform business, TapTap, also showed robust growth with a 37.6% year-over-year revenue increase. The company's focus on self-developed games and continuous investment in game development appears to be paying off, with 745 staff members now employed in game development as of June 30, 2025. Investors seem optimistic about XD INC's growth trajectory and its potential to continue delivering strong financial results in the future.