Palm Technology's 2016 revenue of 1.85 billion yuan card mobile game "King of Fighters" accounted for more than half of the total

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Specifically, during the reporting period, Palm Technology's Mobile device game revenue achieved a significant year-on-year increase, with an increase of 126.25%. Palm Technology announced that the growth in revenue was mainly due to the continued contribution of the company's high-quality games, the expansion of overseas markets and the improvement of overseas distribution capabilities.

During the reporting period, the company achieved business operations of approximately 1.855 billion yuan, an increase of 65.04% over the same period last year; net profit attributable to shareholders of the parent company was approximately 509 million yuan, an increase of 8.12% over the same period last year.

Original title: Palm Technology's 2016 revenue was 1.85 billion yuan, net profit increased by 8.1% year-on-year.

On the afternoon of April 25, Palm Technology announced its 2016 annual results. During the reporting period, the company achieved business operations of approximately 1.855 billion yuan, an increase of 65.04% over the same period last year; net profit attributable to shareholders of the parent company was approximately 509 million yuan, an increase of 8.12% over the same period last year.

Palm Technology announced that the growth in revenue was mainly due to the continued contribution of the company's high-quality games, the expansion of overseas markets and the improvement of overseas distribution capabilities.

During the reporting period, the company's two games,"King of Fighters 98 Ultimate Battle OL" and "National Miracle", brought stable revenue growth. Among them, the card mobile game "King of Fighters 98 Ultimate Battle OL" contributed revenue of 950 million yuan, accounting for 51.22% of the game business revenue. Since its launch, the cumulative flow has exceeded 3 billion yuan. "National Miracle" is a MMORPG mobile game. Since its launch, its cumulative revenue has exceeded 6 billion yuan.

Specifically, during the reporting period, PalmFun Technology's Mobile device game revenue achieved a significant year-on-year increase, an increase of 126.25%; Internet page game revenue was 246 million yuan, a year-on-year decrease of 35.74%. By region, PalmFun Technology's domestic revenue in 2016 was 1.03 billion yuan, a year-on-year increase of 10.92%; overseas revenue was 824 million yuan, a year-on-year increase of 323.35%.

According to the announcement, in 2016, PalmFun Technology stated that it had strengthened the overseas distribution of self-developed and agent game products.

During the reporting period, Palm Technology obtained game adaptation rights for IP such as "Hatsune Mirai","Assassin's CreedII","ONEPUNCHMAN","BLEACH", and "Douluo Continent 3", enriching IP reserves in secondary yuan, online literature, animation and other fields.

Editor: Nancy