Boya Interactive Expects Over 100% Year-on-Year Profit Growth in the First 9 Months

On November 7th, the Hong Kong-listed company Boyaa Interactive (00434.HK) announced that the group's expected attributable profit to the owners of the company for the first 9 months of 2025 is expected to increase by around 105% to 115% year-on-year (for the nine months ended September 30, 2024: approximately HK$234 million). This is mainly due to the increase in the fair value of digital assets during the first 9 months of 2025 compared to the same period in 2024. Excluding the impact of non-operating one-time factors such as the fair value changes of financial assets like digital assets and equity investee enterprises, the group's expected attributable profit to the owners of the company for the first 9 months of 2025 is expected to decrease by about 30% to 35% year-on-year. This is mainly because there is a decrease in deposit interest income expectations due to the reduction in bank deposits from purchasing cryptocurrency and an expected increase in income tax expenses. (Sina Finance)