Century Huatong Gains After Chinese Game Developer Predicts Five-Fold Profit Surge in 2025
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Shares of Century Huatong Group rose 4.8% to CNY19.76 after the company forecasted a fivefold increase in net profit for 2025, estimating it will reach between CNY5.6 billion and CNY7 billion. Revenue is expected to grow 68% to CNY38 billion. The company's flagship mobile game, Whiteout Survival, generated USD2.1 billion last year, maintaining its top-grossing position for 24 months. Century Huatong's subsidiary ranked second in global revenue among Chinese gaming companies, surpassing major competitors like NetEase and miHoYo.
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