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InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Achieves 269.6% Increase in Revenues for First Half 2021
October 25, 2021

InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Achieves 269.6% Increase in Revenues for First Half 2021

Blue Hat (NASDAQ: BHAT), a leading communication services and internet data center (“IDC”) business provider and developer, and an operator of mobile games and augmented reality (“AR”) education curricula and products in China, today announced its unaudited financial results for the three months ended June 30, 2021 (“second quarter 2021”) and six months ended June 30, 2021 (“first half 2021”). “We continued to see strong growth across all our lines of business in second quarter 2021, which resulted in strong top line growth during the second quarter 2021 and first half 2021,” said Blue Hat CEO Xiaodong Chen. “We more than tripled growth on the top line in first half 2021, achieving US$17.9 million in total revenues, largely driven by US$7.1 million in contributions from our new IDC business and an additional US$4.7 million in contributions from mobile games following the integration of recent acquisitions and ongoing development of these businesses in first half 2021. We remain optimistic about the ongoing growth potential of all of our business segments and were pleased to announce earlier this month that our operating subsidiary Xunpusen Technology Co. Ltd. was engaged as the provider of SMS channel services for JD Cloud, a leading cloud computing brand under tech company JD Technology Group. We believe this new client win further solidifies our position as a leader in communication services and look forward to building upon the positive momentum the company has established with these results in first half 2021.”

To view the full press release, visit https://ibn.fm/b38Z1

About Blue Hat Interactive Entertainment Technology

Blue Hat is a leading communication services and IDC business provider as well as a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the company’s investor relations website at https://IR.BlueHatGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://ibn.fm/BHAT

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