CMGE Technology Group Swings to Loss in H1

MT Newswires Live09-05

CMGE Technology Group (HKG:0302) reported a loss attributable to the owners of 236.2 million yuan in the first half ended June 30, compared with a profit of 56.8 million yuan in the prior-year period, according to a Wednesday filing with the Hong Kong Stock Exchange.

Loss per share was 0.0756 yuan, compared with EPS of 0.0277 yuan in the year-ago half.

The company's revenue was 1.23 billion yuan for the period, down from 1.54 billion yuan in the previous year's period.

The company's shares were up more than 1% in recent trading.

Price (HKD): $0.69, Change: $+0.0100, Percent Change: +1.47%

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