“In 2021, we continued to focus on sustainable growth and serving the fast growing and evolving demands and needs of our communities. With our growing scale, market leadership and strong cash balance, we believe we are well placed to increasingly leverage efficiencies across our ecosystem for growth and manage the levers of our business to reach profitability across more markets and segments in 2022 and beyond,” says Forrest Li, Sea’s chairman and group CEO.
Sea Limited has reported a net loss of US$616.3 million ($836.6 million) for the 4QFY2021 ended December, 17.5% higher than the net loss of US$524.6 million posted in the 4QFY2020.
For the FY2021, the NYSE-listed company posted a net loss of US$2.04 billion, 25.8% higher than the net loss of US$1.62 billion in the FY2020.
