Gala Technology Holding Limited provided earnings guidance for the six months ended June 30, 2023. For the period, the group expected a revenue of approximately RMB 350.0 million, representing an increase of approximately 18.7% as compared to the corresponding period in 2022. The expected increase in revenue is mainly attributable to the revenue generated from a new game launched in the second half of 2022 -- Total Football; and a net profit of approximately RMB 39.0 million, representing an increase of approximately 92.1% as compared to the corresponding period in 2022.

The expected increase in net profit is mainly attributable to an increase in gross profit due to improvements in total revenue and gross profit margin.