Xgd, Inc. Class ASZSE: 300130

Xgd: Net profit dropped 38.61% year-over-year as investment in cross-border and AI innovation increased

· Issued by Xgd, Inc. Class A

Revenue fell 3.17% year-over-year to ¥1.53 billion, with net profit down 38.61% due to lower acquiring business margins and increased investment in cross-border payment and AI. Overseas hardware sales and cross-border payment transactions grew strongly, while a cash dividend of ¥3 per 10 shares was announced.

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