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.
