DIGIPLUS Interactive Corp. expects second-quarter earnings to remain stable despite weaker consumer spending and regulatory changes that weighed on its first-quarter results, outgoing President Andy Tsui said. “Seeing that we’re achieving a stabilized result compared with the first quarter, I think we’re quite stable,” Mr. Tsui told a news briefing on Friday, as reported by BusinessWorld .
The company’s first-quarter performance was impacted by challenging market conditions, including regulatory shifts and softening consumer demand. Mr. Tsui, who is stepping down from his role, expressed confidence that DigiPlus has adapted to the new environment and is on track for steadier performance in the coming months.
DigiPlus operates in the digital entertainment and gaming sector, where regulatory changes have been a key factor. The company continues to focus on its core business while navigating the evolving landscape. Mr. Tsui’s comments came during a briefing where he also addressed the leadership transition.