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Century Huatong reports 11.18 billion yuan Q3 revenue amid gaming industry shifts
Century Huatong disclosed its third-quarter financial results, reporting a quarterly revenue of 11.18 billion yuan, an 11.63% increase year-on-year. The company has achieved 14 consecutive quarters of revenue growth. Its net profit for the quarter reached 1.83 billion yuan, while non-operating net profit rose 22.79% to 2.09 billion yuan.
Other major Chinese gaming companies also reported significant financial movements. Perfect World saw a 211% surge in Q3 net profit to 500 million yuan, driven by the performance of “Yi Huan”. Kaiying Network reported a 78.11% increase in year-on-year revenue for the first three quarters, reaching 7.258 billion yuan.
In terms of product developments, the action game “Shadow Blade Zero” reached over 700,000 concurrent players on Steam following its release. Additionally, MiHoYo announced that its life simulation game “Starry Valley” is scheduled for public testing on December 4, while Le Elements set a release date of December 14 for “Silver City”.
Industry trends also indicate a heavy focus on high-specification projects. Analysis of recruitment data from major firms like Tencent and NetEase reveals a strategic shift toward large-scale open-world titles, UE5-powered projects, and social-centric gaming experiences.
Entities
Century Huatong · NetEase · Perfect World · Tencent · miHoYo