指尖悦動(06860.HK)中期溢利預降45%-55%
格隆匯8月20日丨指尖悦動(06860.HK)公佈,現時預期截至2021年6月30日止6個月的未經審核期內溢利與2020年同期的未經審核期內溢利相比,將錄得45%至55%的跌幅。
未經審核溢利預期下跌主要由於以下原因:
1)報吿期間的收入總額將錄得約30%至40%的跌幅,主要由於以下因素的綜合影響:(i)上線多年的經典遊戲已進入成熟期,收入呈現自然回落;(ii)由於網絡遊戲發行長時間暫停審批及中國遊戲市場監管環境變化,新遊戲審批數目顯着減少,從而給遊戲行業增長動力帶來負面影響,並導致公司獲取精品遊戲的渠道減少;(iii)公司對新產品發行計劃作出策略性的調整和部署,導致本應於報吿期內上線的遊戲未能如期推出;及(iv)廣吿及推廣活動單位成本日益上升、遊戲買量效果有待商榷;
2)報吿期間的毛利將錄得約35%至45%的跌幅的主要原因是毛利率下跌,這主要是由於來自共同發行遊戲的收入佔集團收入總額的貢獻率增加,而共同發行遊戲的毛利率一般較自主發行遊戲低;及
3)集團報吿期間內的研發費用較2020年同期大幅增加約40%至50%,主要來自於集團建立內部研發團隊的策略及持續投入以增強集團的遊戲開發能力。
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