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forgame holdings ltd (484) Details

Forgame Holdings Limited, an investment holding company, develops, publishes, licenses, and operates Webgames and mobile games in the People’s Republic of China. It operates through Game Product and Game Platform segments. As of 30 June 2015, the company operated 39 self-developed webgames and 25 mobile games. It also provides software development; and information technology services. The company was founded in 2009 and is headquartered in Guangzhou, the People’s Republic of China.

Founded in 2009

forgame holdings ltd (484) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: CNY478.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY914.0K
Compensation as of Fiscal Year 2016.
forgame holdings ltd
Forgame Holdings Limited Provides Earnings Guidance for the Six Months Ending 30 June 2017

Forgame Holdings Limited provided earnings guidance for the six months ending 30 June 2017. Based on the information currently available to the Board and a preliminary assessment of the Group's unaudited consolidated management accounts for the four months ended 30 April 2017 (the "Management Accounts"), the Group expects a substantial improvement in its net operational loss position of approximately 75% to 79% for the six months ending 30 June 2017. The expected operational net loss ranges from approximately RMB 14.0 million to RMB 16.0 million, as compared to a net operational loss of RMB 65.3 million for the six months ended 30 June 2016. The Group also expects to record a much smaller net investment loss for the six months ending 30 June 2017 ranging from nil to approximately RMB 2.0 million, as compared to RMB 59.3 million of the corresponding period in 2016. Taking into account the expected decreases in both operational and investment net losses for the six months ending 30 June 2017 as a whole, the Group is expected to record a net loss ranging from approximately RMB 14.0 million to RMB 18.0 million for the six months ending 30 June 2017 (as compared to a net loss of RMB 124.6 million for the six months ended 30 June 2016), which represents an approximately 86% to 89% improvement.

Forgame Holdings Limited, Annual General Meeting, May 23, 2017

Forgame Holdings Limited, Annual General Meeting, May 23, 2017, at 11:00 China Standard Time. Location: Monaco Room, Basement 1 Regal Hongkong Hotel, 88 Yee Wo Street Causeway Bay Hong Kong Agenda: To receive and adopt the audited consolidated financial statements of the company and the reports of the directors and auditor for the year ended 31 December 2016; to re-elect the retiring directors; to re-appoint PricewaterhouseCoopers as auditor of the company and authorize the board of directors to fix their remuneration; and to consider the issue of the shares.

Forgame Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016

Forgame Holdings Limited reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of RMB 361,564,000 against RMB 511,539,000 a year ago. Loss before income tax was RMB 383,014,000 against RMB 124,476,000 a year ago. Loss for the year was RMB 396,492,000 against RMB 129,621,000 a year ago. Adjusted net loss was RMB 240,147,000 against RMB 52,809,000 a year ago. Adjusted EBITDA was RMB 207,813,000 against RMB 38,675,000 a year ago. Loss per share basic and diluted RMB 2.89 against RMB 0.95 per share a year ago. Loss attributable to owners of the company was RMB 395,174,000 against RMB 129,144,000 a year ago. Capital expenditures were RMB 10,880,000 against RMB 24,953,000 a year ago. Purchase of property and equipment was RMB 971,000 against RMB 2,561,000 a year ago. Purchase of intangible assets was RMB 9,909,000 against RMB 22,392,000 a year ago.


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