trending Market Intelligence /marketintelligence/en/news-insights/trending/_lD3dzpCjV13p2nYJ_OZpg2 content esgSubNav
In This List

Linekong Interactive Q1 loss narrows YOY

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Blog

Banking Essentials Newsletter: 17th April Edition


Linekong Interactive Q1 loss narrows YOY

Linekong Interactive Group Co. Ltd. said its first-quarter normalized net income was a loss of 3 fen per share, compared with a loss of 12 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 12.4 million yuan, compared with a loss of 38.8 million yuan in the year-earlier period.

The normalized profit margin rose to negative 7.4% from negative 34.2% in the year-earlier period.

Total revenue rose 47.2% year over year to 166.9 million yuan from 113.4 million yuan, and total operating expenses rose 5.1% year over year to 185.9 million yuan from 176.9 million yuan.

Reported net income came to a loss of 7.3 million yuan, or a loss of 2 fen per share, compared to a loss of 55.7 million yuan, or a loss of 17 fen per share, in the year-earlier period.

As of May 13, US$1 was equivalent to 6.53 yuan.