- Blue Hat reported 52 percent revenue growth and 76 percent net income growth for the nine months ended September 30, 2018
- The company maintains a vast portfolio of proprietary technologies, patents, artwork copyrights, trademarks and software copyrights
- Retail sales of toys and games in China surged from RMB111.8 billion in 2012 to RMB276.6 billion in 2017
- Global trends and government policies favor further growth
The toy industry is not a frivolous pastime. In fact, the toy business offers a wealth of opportunity. The United States is currently the largest segment of global toy sales. However, in terms of growth prospects, the toy market in Asia is on a tear, growing by a whopping 20 percent from 2012 to 2017. China’s market for toys and video games, now worth $45 billion, is expected to bypass America in just a few years (http://nnw.fm/2pUDX). With this expansion, modern consumers are looking for unique products that go far beyond the typical and deliver a wow factor.
Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) delivers that wow factor, creating the toys and games that parents want and children enjoy. Blue Hat is a leading innovator, producer and…
NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://nnw.fm/BHAT
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