Ski-mobi Q4 Profit Surges On Single Player Games

(RTTNews) - Ski-mobi Ltd. (MOBI) Monday announced a surge in pre-tax profit to RMB 21.139 million compared to RMB 5.211 million last year. Earnings per share surged to RMB 0.09 from 0.02 a year ago. The company said the progress was driven largely by the increasing popularity of its single-player games, that contributed RMB 141.8 million to revenue.

Revenue for the quarter was RMB 204.675 million, up 77.7 percent from RMB 115.187 million in the previous year. The company said the quarterly revenue from smartphone business reached a historical high of RMB 181.6 million, representing approximately 88.7% of total revenue.