Phoenix New Media Hong Kong stocks |Muchan Group Holdings (01817)According to the interim results for the six months ended June 30, 2021, the profit attributable to the owners of the parent company was 48.511 million yuan (RMB, the same below), compared with a loss of 133 million yuan in the same period in 2020.

During the period, the income was 1.204 billion yuan, an increase of 10.75% over the same period last year.

In the first half of 2021, the impact of the COVID-19 epidemic on the group's business has been significantly reduced. As a result, the group's offline channel revenue has achieved strong growth. In the six months ended June 30, 2021, the group's offline channel sales were 710 million yuan, an increase of 71.6% compared with 414 million yuan in the same period in 2020.