Mango Excellent Media H1 Profit Down 28%, Revenue Slips 14%

MT Newswires Live08-25

Mango Excellent Media (SHE:300413) posted first-half attributable net profit of 763.4 million yuan, down 28% from 1.06 billion yuan the previous year.

Earnings per share declined year over year to 0.41 yuan from 0.57 yuan, according to a filing with the Shenzhen bourse.

The media company's operating revenue fell 14% year over year to 5.96 billion yuan from 6.96 billion yuan.

Shares of the company closed 5% higher Monday.

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