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Glacier Network (300533.SZ) issued an expected loss. The net loss due to mother is expected to be 125 million yuan to 178 million yuan in the first three quarters, changing from profit to loss over the previous year
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According to the Zhitong Finance App, Hikawa Network (300533.SZ) released a performance forecast for the first three quarters of 2026. The net loss attributable to shareholders of listed companies for the first three quarters is expected to be 125 million yuan to 178 million yuan, changing from profit to loss over the previous year.

In the first three quarters, based on early game product test data, the company continued to launch a large-scale market launch of the new SLG product “X-Clash”, and the company's sales expenses increased significantly over the same period last year. Among them, in the third quarter of 2026, the company increased its efforts to launch “X-Clash”, and game products such as “I Want to Be an Ancestor”, “Battle for the Kingdom: Frontline”, and “Lastecho” are also in the new product launch period, which together boosts sales expenses for this period.

During the reporting period, the company's mature game products “X-hero,” “Super World,” and “HeroClash” declined compared to the same period of the previous year due to the extension of the operating cycle, while SLG products had a long recharge and recycling cycle, and the revenue increase brought by the company's new games was not enough to offset the natural decline in mature product turnover and a significant increase in sales expenses, causing cumulative losses in the first three quarters to increase compared to half a year.

As of September 30, 2026, the company's non-recurring profit and loss is estimated to be $43.7 million during the reporting period, mainly financial income and government subsidies.

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