Home Business Century Huatong: Net profit of 2.729 billion yuan in the first three quarters increased by 11.58% year-on-year

Century Huatong: Net profit of 2.729 billion yuan in the first three quarters increased by 11.58% year-on-year

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On the evening of October 28th, Century Huatong released its 2021 third quarter performance report. The report shows that the company achieved 10.786 billion yuan in revenue in the first three quarters; net profit attributable to shareholders of listed companies was 2.729 billion yuan, an increase of 11.58% year-on-year. Among them, the company’s performance in the third quarter picked up, achieving revenue of 3.476 billion yuan, an increase of 4.94% over the previous quarter.

The financial report shows that in terms of the game business, in the third quarter, its end game products such as “Legendary World” and “Dragon Valley” set new operating records and enhanced performance.

In terms of R&D, R&D expenses incurred in the third quarter were 423 million yuan, a year-on-year increase of 39.46%; in the first three quarters, R&D expenses incurred were 1.349 billion yuan, an increase of 31.29% compared to the same period last year.

In addition, Century Huatong established Century Longteng Data Technology Co., Ltd. with a purely domestic-funded structure, focusing on the infrastructure business of big data. In the future, it will seek cooperation with local governments and state-owned assets to jointly invest in the construction of local government cloud, state-owned cloud and national-level Supercomputing Center, etc. (Dapeng)


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