Kaiying Network released its 2026 interim report. First-half operating revenue was 4.8 billion yuan, up 86.1% year on year. Net profit attributable to the parent company was 1.43 billion yuan, up 50.3% year on year. Net profit attributable to the parent company after deducting non-recurring items was 1.17 billion yuan, up 24.3% year on year. Net operating cash flow was 1.463 billion yuan, up 98.7% year on year. Earnings per share were 0.6686 yuan. In the second quarter, operating revenue was 2.58 billion yuan, up 110.2% year on year. Net profit attributable to the parent company was 648 million yuan, up 50.0% year on year. Net profit attributable to the parent company after deducting non-recurring items was 621 million yuan, up 46.9% year on year. As of the end of the second quarter, total assets were 14.295 billion yuan, up 9.3% from the end of the previous year. Net assets attributable to the parent company were 10.49 billion yuan, up 5.9% from the end of the previous year. The company said there were no major changes in its business operations. It remains focused on its core gaming business, has launched multiple high-quality games through the XY distribution platform, and plans to continue strengthening core business operations, improving user experience and expanding market share.
Kingnet Network Co LtdFirst-half revenue and profit grew strongly, with net profit up 50.3% YoY.
