Gaming giant Razer clocks $31m profit in H1 as revenue soars

Gaming giant Razer clocks $31m profit in H1 as revenue soars

Photo: Razer

The US- and Singapore-based gaming giant Razer on Wednesday reported a net profit of $31.3 million in the first half of 2021, a sharp reversal from a net loss of $17.7 million in the same period last year. The company attributed the strong performance to higher revenues, better gross margins, and improved productivity.

The Hong Kong Stock Exchange-listed company, founded in 2005, had logged its first annual profit in 2020.

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