IGG achieved record financial results in 2017 with US$607.3 million in revenue, representing an 89% year-over-year increase.
02
Net profit grew by 117% to US$155.1 million, driven primarily by the flagship mobile strategy game Lords Mobile, which accounted for 72.1% of total revenue.
03
The company maintains a strong balance sheet with US$221.9 million in cash and cash equivalents and no debt.
04
Shareholder value was a priority in 2017, with approximately US$122.2 million returned to investors via dividends and share repurchases.
05
IGG operates a global business model with localized marketing in over 200 countries, supported by a workforce of more than 1,000 employees.
06
The company utilizes structured contracts to manage regulatory compliance in Mainland China and maintains rigorous internal controls and independent audits for financial reporting.
Insights
01
IGG achieved record financial results in 2017 with US$607.3 million in revenue, representing an 89% year-over-year increase.
02
Net profit grew by 117% to US$155.1 million, driven primarily by the flagship mobile strategy game Lords Mobile, which accounted for 72.1% of total revenue.
03
The company maintains a strong balance sheet with US$221.9 million in cash and cash equivalents and no debt.
04
Shareholder value was a priority in 2017, with approximately US$122.2 million returned to investors via dividends and share repurchases.
05
IGG operates a global business model with localized marketing in over 200 countries, supported by a workforce of more than 1,000 employees.
06
The company utilizes structured contracts to manage regulatory compliance in Mainland China and maintains rigorous internal controls and independent audits for financial reporting.