Aug 29, 2025 04:19 PM (GMT+8) · EqualOcean
Zulong Entertainment (祖龙娱乐, 09990.HK) reported 2025 interim revenue of CNY 634M (+44.4% YoY), with net loss narrowing to CNY 11.7M from CNY 120M last year (91.3% improvement). Growth was driven by “Life Makeover” (以闪亮之名) and new launches “Dragon Raja: Gate of Kassel” (龙族:卡塞尔之门) and “Wind Fantasy” (踏风行). “Life Makeover” achieved over CNY 2B in cumulative global billings and record-high DAU this summer. Gross margin stayed strong at 71.4%, but R&D expenses of CNY 265M kept profitability under pressure. The company plans to expand “Dragon Raja: Gate of Kassel” and “Life Makeover” into Southeast Asia and South Korea, while exploring AI-driven game development to boost global growth and move toward profitability.

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