Qunabox Group Swings to Attributable Loss in H1 on Fair Value Losses

MT Newswires Live08-16

Qunabox Group (HKG:0917) swung to an attributable loss of 1.85 billion yuan in the first half from a profit of 64.6 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong Stock Exchange.

The marketing company swung to an attributable loss of 13.71 yuan from EPS of 0.08 yuan in the previous year.

Revenue grew to 515.1 million yuan from 363.6 million yuan a year earlier.

Fair value losses on financial liabilities reached 1.90 billion yuan compared with fair value gains of 32.4 million yuan.

Shares gained 1% during Friday's afternoon trading.

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