CHINA LITERATURE LTD ADR - CHLLY STOCK NEWS

China Literature (CHLLY), a leading online literature and IP incubation platform in China, has announced it will release its financial results for the first half of 2024 on August 12, 2024. The company will host an earnings conference call at 8:00 pm Hong Kong Time / 8:00 am U.S. Eastern Time on the same day. Investors can access a live webcast of the call on China Literature's investor relations website. For those wishing to join via phone, pre-registration is required. A replay of the conference call will be available until August 19, 2024.

China Literature (CHLLY) announces audited results for 2023 with total revenues of RMB7,011.8 million, online business revenues of RMB3,948.1 million, and IP operations revenues of RMB3,063.6 million. Operating profit increased by 12.8% to RMB709.3 million, while profit attributable to equity holders rose by 32.3% to RMB804.9 million. The company saw growth in MAUs and MPUs, with a focus on enhancing content quality and leveraging AI tools for innovation and content adaptation.

China Literature Limited, a prominent online literature and IP platform in China, will reveal its 2023 full-year financial results on March 18, 2024. The management will conduct a conference call to discuss the company's financial performance and operations.

China Literature Limited (stock code: 0772) has entered into an Asset Transfer Agreement with Tencent Holdings Limited (stock code: 0700) to acquire the related assets of Tencent Animation and Comics for an aggregate cash consideration of RMB600 million. Tencent Animation and Comics is a leading animation and comic platform in China, with popular titles like The Outcast and The Fox Spirit Matchmaker. The acquisition is expected to enrich China Literature's reservoir of blockbuster IPs, bolster the pipeline of comic adaptations, and expand production capacity for animation, driving future growth and creating more value through robust synergies.

China Literature Limited, a leading online literature and intellectual property incubation platform in China, will announce its financial results for the first half of 2023 on August 10, 2023. The company's management team will host a conference call to present an overview of the financial performance and business operations. The conference call will be held on August 10, 2023, at 8:00 pm (Hong Kong Time) / 8:00 am (U.S. Eastern Time). A live webcast of the call can be accessed on the company's investor relations website. The conference call will be conducted in English.

China Literature Limited (CHLLY) announced its 2022 audited consolidated results, reporting total revenues of RMB7,625.6 million (USD1,094.9 million), a decrease from RMB8,668.2 million in 2021. Non-IFRS operating profit rose 4.9% to RMB1,363.9 million, with an operating margin of 17.9%. Profit attributable to equity holders increased 9.6% to RMB1,348.2 million. However, IFRS operating profit declined to RMB628.8 million, down from RMB2,172.6 million in 2021. The company improved its operational efficiency while focusing on high-quality content and anti-piracy initiatives, leading to substantial growth in its core product Qidian Reading.

China Literature Limited (0772.HK) is set to release its financial results for the full year of 2022 on March 16, 2023. The announcement will be accompanied by a conference call at 8:00 PM (Hong Kong Time) or 8:00 AM (U.S. Eastern Time). Investors can join the call through a live webcast available on the company’s investor relations website. A replay will be accessible until March 23, 2023. For those wishing to participate via phone, registration is required prior to the call.