[ET Net News Agency, 21 January 2021] Archosaur Games Inc. (09990) said it is expected
that the adjusted net profit of the group for the year ended 31 December 2020 would
decrease by approximately 35% to 40% as compared with that for the year ended 31 December
2019 (the comparable period).
Such decrease was primarily attributable to the increase in research and development
expenses due to the company's endeavour to continuously develop high-quality games for the
benefit of the long-term business expansion by committing significant investments in
talent resources, research and development, game technology and network infrastructure to
enhancing the development capabilities of the group. The Company is confident that such
continued investment in research and development as well as its business expansion
initiatives will lay a solid foundation for the long-term development and healthy growth
in the long run. (RC)
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09990 ARCHOSAUR GAMES
Nominal 
1.450 0.000 (0.000%) Others
21/01/2021 17:19
Archosaur Games (09990) sees decrease in year adjusted net
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