Nov. 12 at 12:35 PM
$HUYA From my personal perspective, Huya still seems far from a radical turnaround in profits. It's great to read that advertising revenues have grown rapidly, but traditional revenues remain stagnant. Something practical is needed in China; something needs to be implemented to better monetize traditional revenues and increase margins.
This company has a turnover of
$900 million this year, and profits are like
$10-15 million?
Really not much. I honestly don't understand why they're waiting for to invest
$2-300 million in new companies/apps and revive both traditional revenues and all the fundamentals.
Maybe a serious push is needed!
I still believe next year will be easy to see 1b $ revenues and 80m net profits with a strong growth of advertising revenues. All depends of the costs, with new opportunities the revenues and the profits will skyrocket quickly
