Giant Network’s net profit in the second quarter of 2023 increased by 83.57% year-on-year, and cash dividends reached 247 million yuan

Giant Network released its annual report for the first half of 2023 today. The report showed that revenue reached 1.443 billion yuan, a year-on-year increase of 35.68%, and net profit was 664 million yuan, a year-on-year increase of 32.95%

Among them, the second quarter results The performance was outstanding, with revenue of 936 million yuan, a year-on-year increase of 93.58%, and net profit of 419 million yuan, a year-on-year increase of 83.57%. Giant Network paid an interim dividend for the first time, amounting to approximately 247 million yuan.

According to a report, due to the excellent performance of the company’s flagship new product “Original Journey” after its launch and the stable operation of each mature product line, the company’s first The second quarter performance achieved explosive growth, with both revenue and net profit increasing significantly, both year-on-year and quarter-on-quarter.

##In the second half of the year, Giant Network will maintain its investment in the research and development of the new version of "Original Journey", continue to polish the core gameplay, improve the novice experience, and upgrade the art design.

plans to launch "Original Journey - Official Version" in the fourth quarter. Shi Yuzhu will continue to participate in the research and development of this product and polish the official version to what he thinks is the ideal state. "Original Journey" also plans to launch a mini program version to achieve interoperability between mini programs and App servers. This site found from the report that Giant Network also disclosed a mid-term profit distribution plan, based on the total share capital on the equity registration date when the distribution plan is implemented in the future, minus the total number of shares in the company's special repurchase securities account, as the base, to All shareholders will receive a cash dividend of RMB 1.30 for every 10 shares, and the

cash dividend amount is approximately RMB 247 million

. This is the first interim dividend since its listing, with the dividend ratio reaching a record high of 37%. Including the 88.93 million cash repurchase implemented by the company in 2023, the dividend ratio will reach 50%.

In terms of AI, which is currently hot, Giant Network stated that it is actively deploying AI-related technology applications, reducing costs and increasing efficiency in AIGC, and utilizing " has made preliminary progress

in terms of improving user experience and innovating game play methods in terms of "game AI". Advertising Statement: This article contains external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.), which are intended to provide more information and save screening time, and are for reference only. Please note that all articles on this site contain this statement

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