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FriendTimes Inc. Boosts Share Award Scheme
Trustees of friendtimes (06820.HK) accumulated purchases of shares under the stock incentive plan have exceeded 0.47% of the total company's share capital in the third quarter.
Grants Daily: Friendtimes (06820.HK) announced on October 9, 2024, that the trustee has cumulatively purchased shares exceeding 0.47% of the company's total share capital within the third quarter of 2024. From August 28, 2023, to September 30, 2024, the trustee has cumulatively purchased shares under the share incentive plan, accounting for approximately 3.5% of the company's total share capital. The board of directors believes that purchasing shares under the share incentive plan demonstrates the company's confidence in its business outlook and prospects. It also serves as a means to attract talent, align the interests of key employees with those of the company, and drive the long-term sustainability of the group.
HK stock anomaly | friendtimes (06820) rose by more than 15%, with a two-digit increase in half-year revenue compared to the previous year. The company's game categories are gradually expanding.
Friendtimes (06820) rose more than 15%, as of press time, up 15.38%, at HK$0.6, with a turnover of 0.6662 million Hong Kong dollars.
FRIENDTIMES: 2024 Interim Report
"Forcing ordinary practitioners to quit? Mihoyo's Cai Haoyu's latest controversial statement sparks heated discussions."
①Mi Haoyou, the founder of Mihoyo, stated on social media that only top talents and those who develop games for their interests have logical significance in game creation. Other game developers may consider changing careers. ②Mi Haoyou's remarks, known as "extreme theories" by some, have sparked discussions in the gaming industry.
Friendtimes (06820.HK): Promotional spending on new games online led to a loss in the first half of the year. Focus on profit recovery and category expansion.
The performance fell within the forecast range, lower than our expectations. The company announced 1H24 performance: revenue of 0.526 billion yuan, a 15% year-on-year decrease, and a 21% increase from the previous quarter (profit forecast range is 5.2 to 0.53 billion yuan); a loss of 7.23 during the period.
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