37 Interactive Entertainment 2022 Interim Report

Key insights

6 takeaways

01
Overseas revenue rose to RMB 3,032,603,718.72 in H1 2022, up 48.33% year over year, and accounted for 37.48% of operating revenue.See it on page 25
02
Net profit attributable to the Listed Company's shareholders was RMB 1,695,164,644.39 for H1 2022, up 98.56% from the prior year period.See it on page 8
03
Operating revenue for H1 2022 was RMB 8,092,238,684.40, an increase of 7.34% year over year.See it on page 8
04
Browser game revenue was RMB 340,738,772.48 in H1 2022, down 25.97% year over year, which the report attributes to users shifting to mobile phones and fewer browser game products.See it on page 24
05
Mobile games generated RMB 7,738,933,571.90 in H1 2022, representing 95.63% of operating revenue, up 9.51% year over year.See it on page 24
06
The company's interim dividend plan is RMB 3.5 (tax inclusive) per 10 shares, with total cash dividends of RMB 776,252,498.35 based on 2,217,864,281 shares.See it on page 35

Summary

The 37 Interactive Entertainment Network Technology Group Co., Ltd. 2022 Interim Report (Summary), dated August 2022, is an unaudited set of interim financial statements and management discussion for the Reporting Period from 1 January 2022 to 30 June 2022. The company, a Shenzhen Stock Exchange-listed (stock code 002555) Chinese online game developer and publisher, describes its focus on online games under a "boutiqueization, diversification and globalization" strategy. For H1 2022 it reported operating revenue of RMB 8,092,238,684.40, up 7.34% year over year, and net profit attributable to shareholders of RMB 1,695,164,644.39, up 98.56%. Mobile games contributed RMB 7,738,933,571.90 of revenue, while browser games contributed RMB 340,738,772.48, down 25.97%. Overseas revenue reached RMB 3,032,603,718.72, up 48.33%, and domestic revenue declined 7.91%. Operating cash flow was RMB 1,804,079,584.54, up 43.88%. The report also outlines an interim cash dividend plan of RMB 3.5 per 10 shares, totalling RMB 776,252,498.35.