Phoenix New Media Hong Kong stocks | Wanbang Investment (00158) announced that for the year ended September 30, 2021, the profit attributable to the owners of the company was 66.863 million yuan (Hong Kong dollars, the same below), turning losses into profits, with a net loss of about 1.185 billion yuan in the same period last year, and a basic profit per share of 2.67 yuan. A loss of 27.42 yuan in the same period last year, proposed to pay a final interest of 1.80 yuan.
During the period, the income was about 160 million yuan, down 21.3% from the same period last year, and the gross profit was 122 million yuan, down 33.1% from the same period last year.
The profit mainly comes from the decrease in the fair value loss of investment property this year. The fair value loss of investment properties this year was 16.3 million yuan, while the fair value loss of 2020 yuan investment properties was 1.317 billion yuan. Excluding the impact of changes in the fair value of investment properties, the operating profit from the leasing business fell from 157 million yuan to 99.2 million yuan, down 36.9 percent from last year.