CHINA LITERATURE LTD ADR - CHLLY STOCK NEWS

China Literature Limited reported its unaudited consolidated results for H1 2022, revealing total revenues of RMB4,087.2 million (USD609.0 million), down from RMB4,342.1 million YoY. However, non-IFRS operating profit increased by 8.2% YoY to RMB693.8 million (USD103.4 million), with operating margin rising to 17.0%. Profit attributable to equity holders was RMB228.5 million (USD34.1 million), significantly lower than RMB1,082.7 million in the prior period. The company focused on optimizing costs amidst a challenging macro environment and continued to enhance its high-quality content offerings.

China Literature Limited (CHLLY) is set to announce its financial results for the first half of 2022 on August 15, 2022. The company's management will hold a conference call to discuss its financial performance and business operations. Participants can access the call via a live webcast on the investor relations website. Dial-in numbers will be provided after pre-registration. A replay of the call will be available until August 22, 2022.

China Literature Limited (CHLLY) reported a 1.7% increase in total revenues to RMB8,668.2 million (USD1,359.6 million) for the year ended December 31, 2021. Online business revenues grew by 9.6% to RMB5,308.5 million (USD832.6 million). Excluding New Classics Media, intellectual property operations revenues jumped 30% to RMB2,142.9 million (USD336.1 million). The company's gross profit rose 8.6% to RMB4,599.4 million (USD721.4 million). Operating profit surged 39.1% to RMB1,299.8 million (USD203.9 million), and profit attributable to equity holders increased by 34.1% to RMB1,229.7 million (USD192.9 million).

China Literature Limited, a leading online literature platform, will announce its financial results for the full year of 2021 on March 22, 2022. Investors can access the results via the company's investor relations website. Management will host a conference call on the same day at 8:00 PM Hong Kong Time to discuss the financial performance and business operations. A replay will be available for seven days after the call. For more information on how to join, refer to the press release.

China Literature Limited reported a significant financial turnaround for the first half of 2021, with total revenues up 33.2% year-over-year to RMB4,342.1 million (USD 672.1 million). Gross profit also rose by 32.2% to RMB2,288.1 million. Operating profit soared to RMB1,284.0 million, reversing the loss of RMB3,555.6 million from the previous year. Notably, profit attributable to equity holders jumped to RMB1,082.7 million from a loss of RMB3,295.9 million. Revenue from IP operations skyrocketed 124.5% to RMB1,802.2 million.

China Literature Limited (0772.HK), a leading online literature platform in China, will announce its financial results for the first half of 2021 on August 16, 2021. The announcement will be accessible on their investor relations website. Following the release, the management team will host a conference call at 8:00 PM (HKT) to discuss financial performance and business operations. Interested parties can access the live webcast via their website. A replay will be available for seven days post-call.

Webnovel, the global online reading platform of China Literature, has launched the Webnovel Spirity Awards (WSA 2021) in North America on March 31, 2021. This writing contest aims to foster original English works throughout the year, offering cash prizes up to $20,000 and promotional resources, including advertising in Times Square. Supported by Tencent Pictures, the initiative seeks to expand Webnovel's author base, intending to attract 100,000 writers in North America within a year. The contest accepts various genres, focusing on quality and commercial viability.

China Literature Limited reported its audited results for the year ended December 31, 2020, highlighting total revenues of RMB8,525.7 million (USD1,306.6 million), a 2.1% increase year-over-year. Gross profit rose 14.7% to RMB4,234.1 million (USD648.9 million). However, the company experienced an operating loss of RMB4,474.7 million (USD685.8 million) compared to an operating profit of RMB1,193.9 million in 2019. A significant impairment provision concerning an acquisition led to a loss attributable to equity holders of RMB4,483.9 million (USD687.2 million). Despite challenges, user engagement metrics improved, with MAUs increasing to 228.9 million.

China Literature Limited (0772.HK), a prominent online literature platform in China, is set to announce its full-year financial results for 2020 on March 23, 2021. The announcement will be accessible via the company's investor relations website. Following the release, a conference call will be held at 8:00 PM HK Time (8:00 AM U.S. Eastern Time) to discuss the Company’s performance and operations, available through a live webcast. A replay will be accessible for one week after the call.