Xgd, Inc. Class ASZSE: 300130

Xgd: Net profit fell 69% on lower acquiring volume and one-time losses, but gross margin improved

· Issued by Xgd, Inc. Class A

Revenue and net profit declined sharply year-over-year due to lower acquiring business volume and one-time tax and impairment losses, but gross margin and overseas hardware sales improved. The company is investing in R&D, digitalization, and global expansion, with a focus on AI and cross-border payments.

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