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$WANKA ONLINE (01762.HK)$ On August 30, Wanka United held an...

$WANKA ONLINE(01762.HK)$ On August 30, Wanka United held an interim results call to review the company's mid-term financial and business performance in 2021, and look forward to the company's future development plan. In the first half of this year, The total revenue of Wanka One Union grew steadily, mobile advertising revenue continued to rise, financial stability, sufficient funds, and continued to develop AIOT ecological construction, started the eco-cooperation of vehicle-vehicle rapid application, showing strong development potential. Gross profit rose 12.6% year on year to 142 million yuan. In terms of financial costs, Wanka Yilian has been declining for three consecutive years, with a year-on-year decrease of 30.6% to 3.77 million yuan in the first half of 2021. In Addition, In February 2021, Wanka Yilian issued 135 million additional shares, raising a total of more than HK $196 million. As the cooperation between the two sides deepens, the market share of Wanka Yilian is expected to continue to grow in the future. Wanka Yilian continues to promote the construction of short videos and enrich the contents of channels.
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