No Data
Kingnet Network (002517): AI+IP advancement in order, new product capacity release is timely.
The base market in Zhejiang is stable and steady, with accelerated overseas expansion of gaming. According to the company's financial report, revenue in Q1-3 24 reached 3.93 billion (a year-on-year increase of +30%), with a net income attributable to the parent company of 1.28 billion (a year-on-year increase of +18%); of which, Q3 24 revenue was 13 billion.
Zhongtai Securities: In Q3 24, the internal contraction and external expansion of gaming funds have improved profitability.
Against the backdrop of contraction, the cost reduction and efficiency improvement effects are gradually emerging, enhancing profitability, operating profit for 24Q1~24Q3 were 2.4, 2.755, 3.163 billion respectively, with a significant increase of 14.8% quarter-on-quarter in 24Q3.
tianfeng Securities: Policy positives combined with orderly supply release. Focus on the improvement of the operating situation of media companies in Q4.
In terms of gaming, Beijing Ultrapower Software (300002.SZ) and Kingnet Network (002517.SZ) achieved high growth in the third quarter of 2024, and the fundamental improvement of the gaming sector in the fourth quarter can be expected.
Express News | Open Source Securities: AI continues to innovate, layout six directions.
Express News | Kingnet network's self-developed algorithm has been filed with the National Internet Information Office.
Kingnet Network (002517): Significant growth in performance, focus on the performance of reserve projects going online.
Event: The company released the third quarter report for 2024, achieving a revenue of 3.93 billion yuan in the first three quarters, a year-on-year increase of +29.7%, with a net income attributable to the parent company of 1.28 billion yuan, a year-on-year increase of +18.3%; the non-net income attributable to the parent company was 12.8 billion yuan.
No Data
No Data