Phoenix New Media Hong Kong stocks | Oriental Enterprise Control Group (00018) announced interim results. For the six months ended September 30, 2021, the profit attributable to company owners was 70.515 million yuan (HK $, the same below), a decrease of 19.2% compared with the same period last year. Basic profit per share is 2.94 cents, 3.64 cents in the same period last year, paying an interim interest rate of 3 cents.
During the period, the company's revenue was 370 million yuan, up 10% from the same period last year.
The decrease in profit was mainly due to the lack of support subsidies provided by the government and the decrease in exchange gains during the reporting period, but excluding these two factors, the overall profit attributable to the company owners during the reporting period was $70.382 million, an increase of HK $43.034 million or 157 per cent over the same period last year.