Linekong Interactive Group Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 04:43 am EDT
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Linekong Interactive Group Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CNY 27.705 million compared to CNY 48.816 million a year ago. Operating loss was CNY 5.705 million compared to operating Income of CNY 6.062 million a year ago. Net loss was CNY 3.181 million compared to net income of CNY 5.217 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.01 a year ago. For the half year, sales was CNY 48.682 million compared to CNY 107.305 million a year ago. Operating loss was CNY 14.879 million compared to operating Income of CNY 8.918 million a year ago. Net loss was CNY 13.298 million compared to net income of CNY 4.897 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.
Linekong Interactive Group Co., Ltd. is a Hong Kong-based investment holding company principally engaged in the development and distribution of online games. The Company is involved in the self-development and agency of mobile games, web-based games and client-based games. Its games include One Hundred Thousand Bad Jokes, The Legend of Zhenhuan, The War of Shushan and Excalibur, among others. The Company sells in-game virtual items and provides license and technical support services to generate income. The Company also invests in a third-party mobile game trading platform, TaoShouYou. This platform focuses on the trading of game accounts.