Mobvista Reports Lower H1 Profit

MT Newswires Live08-26

Mobvista (HKG:1860) reported a profit attributable to the shareholders of $9.3 million for the first six months ended June 30, compared with $10.2 million, according to a Friday filing with the Hong Kong bourse.

The earnings per share were $0.61, compared with $0.66 in the year-ago period.

Revenue for H1 was $638.3 million, 26% higher than $506.1 million in the year-ago period.

The mobile technology company's stocks were down by over 3% at the end of trading on Monday.

Price (HKD): $1.58, Change: $-0.050, Percent Change: -3.07%

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