CMGE Technology Group Ltd. Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025

Reuters

Sep 03

CMGE Technology Group Ltd. Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025

CMGE Technology Group Ltd. has released its interim results for the six months ended 30 June 2025, reporting a revenue of RMB763.0 million, marking a significant decline of 38.1% compared to the same period in 2024, where revenue was RMB1,233.3 million. The group recorded a net loss of RMB644.3 million for the reporting period. During this period, CMGE's gross profit decreased from RMB372.8 million in 2024 to RMB258.6 million in 2025. Selling and distribution expenses saw a substantial increase to RMB372.9 million from RMB148.6 million the previous year. The revenue from the group's publishing business, which includes the launch of new IP quality games and innovative mini games in Mainland China and overseas, amounted to RMB656.4 million. However, some newly launched games did not perform as expected, impacting the group's publishing revenue scale. The company has not provided any specific outlook or guidance for future periods in this report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMGE Technology Group Ltd. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CMGE Technology Group Ltd. Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CMGE Technology Group Ltd. has released its interim results for the six months ended 30 June 2025, reporting a revenue of RMB763.0 million, marking a significant decline of 38.1% compared to the same period in 2024, where revenue was RMB1,233.3 million. The group recorded a net loss of RMB644.3 million for the reporting period. During this period, CMGE's gross profit decreased from RMB372.8 million in 2024 to RMB258.6 million in 2025. Selling and distribution expenses saw a substantial increase to RMB372.9 million from RMB148.6 million the previous year. The revenue from the group's publishing business, which includes the launch of new IP quality games and innovative mini games in Mainland China and overseas, amounted to RMB656.4 million. However, some newly launched games did not perform as expected, impacting the group's publishing revenue scale. The company has not provided any specific outlook or guidance for future periods in this report.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-03 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      CMGE Technology Group Ltd. Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CMGE Technology Group Ltd. has released its interim results for the six months ended 30 June 2025, reporting a revenue of RMB763.0 million, marking a significant decline of 38.1% compared to the same period in 2024, where revenue was RMB1,233.3 million. The group recorded a net loss of RMB644.3 million for the reporting period. During this period, CMGE's gross profit decreased from RMB372.8 million in 2024 to RMB258.6 million in 2025. Selling and distribution expenses saw a substantial increase to RMB372.9 million from RMB148.6 million the previous year. The revenue from the group's publishing business, which includes the launch of new IP quality games and innovative mini games in Mainland China and overseas, amounted to RMB656.4 million. 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CMGE Technology Group Ltd. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00302","symbol_name":"中手游","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250903:nNDL4JT8mz:1","article_id":"2564398917","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564398917","pubTimestamp":1756900564,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CMGE Technology Group Ltd. has released its interim results for the six months ended 30 June 2025, reporting a revenue of RMB763.0 million, marking a significant decline of 38.1% compared to the same period in 2024, where revenue was RMB1,233.3 million. The group recorded a net loss of RMB644.3 million for the reporting period. During this period, CMGE's gross profit decreased from RMB372.8 million in 2024 to RMB258.6 million in 2025. Selling and distribution expenses saw a substantial increase to RMB372.9 million from RMB148.6 million the previous year. The revenue from the group's publishing business, which includes the launch of new IP quality games and innovative mini games in Mainland China and overseas, amounted to RMB656.4 million. However, some newly launched games did not perform as expected, impacting the group's publishing revenue scale. The company has not provided any specific outlook or guidance for future periods in this report.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00302":"中手游"},"translate_title":"中手游科技集团有限公司报告2025年上半年收入下降38.1%，净亏损人民币6.443亿元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00302":0.9},"content_text":"CMGE Technology Group Ltd. Reports 38.1% Drop in Revenue and RMB644.3 Million Net Loss for H1 2025\n    \n\n        CMGE Technology Group Ltd. has released its interim results for the six months ended 30 June 2025, reporting a revenue of RMB763.0 million, marking a significant decline of 38.1% compared to the same period in 2024, where revenue was RMB1,233.3 million. The group recorded a net loss of RMB644.3 million for the reporting period. During this period, CMGE's gross profit decreased from RMB372.8 million in 2024 to RMB258.6 million in 2025. Selling and distribution expenses saw a substantial increase to RMB372.9 million from RMB148.6 million the previous year. The revenue from the group's publishing business, which includes the launch of new IP quality games and innovative mini games in Mainland China and overseas, amounted to RMB656.4 million. However, some newly launched games did not perform as expected, impacting the group's publishing revenue scale. The company has not provided any specific outlook or guidance for future periods in this report.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMGE Technology Group Ltd. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}