Sino-Entertainment Technology (HKG:6933) expects a net loss of 40 million yuan in 2024, narrower than the 104.6 million yuan a year prior, a Wednesday filing with Hong Kong bourse said.
The mobile game publisher attributed the anticipated narrower loss mainly to a higher revenue from the co-publishing of third-party games and development and sales of games, as well as the reversal of certain impairment losses under expected credit loss model.
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