Boyaa Interactive expects a year-on-year profit increase of over 100% in the first nine months, mainly benefiting from the growth in the fair value of digital assets

According to the announcement from the Hong Kong-listed company Boyaa Interactive (00434.HK), the group's profit attributable to owners of the company for the first nine months of 2025 is expected to increase by approximately 105% to 115% year-on-year (for the nine months ending September 30, 2024: approximately HKD 234 million). This is mainly due to the increase in the fair value of digital assets for the first nine months of 2025 compared to the same period in 2024.

If we exclude the impact of non-operating one-time factors such as fair value changes of financial assets like digital assets and equity investment partnerships, the group's profit attributable to owners of the company for the first nine months of 2025 is expected to decrease by approximately 30% to 35% year-on-year, mainly due to the reduction in bank deposits caused by the purchase of cryptocurrencies, which is expected to lead to a decrease in interest income from deposits and an increase in income tax expenses year-on-year.