Shares of Wanka Online (01762) fell more than 16%, after rising 105% upon resumption of trading yesterday. As of press time, it fell by 16.05%, to HKD 0.136, with a turnover of HKD 1.1531 million.
Wanka Online (01762) fell more than 16%, after rising 105% upon resumption of trading yesterday, according to Zhongtong Finance APP. As of press time, it fell by 16.05%, to HKD 0.136, with a turnover of HKD 1.1531 million.
Wanka Online recently released its 2023 performance report, showing revenue of CNY 2.098 billion, a decrease of 8.8% YoY, and net income attributable to shareholders of CNY 15.49 million. In the same period last year, it suffered a loss of CNY 130 million, achieving a turnaround of losses to profits.
However, looking at its business segments, the revenue contribution from each of Wanka Online's business lines has generally declined. Among them, mobile advertising services contributed CNY 1.998 billion in revenue, accounting for 95.2% and a YoY decrease of 9.1%. During the same period, the revenue from the distribution of network video products and game operation services decreased to CNY 56.583 million and CNY 4.314 million, respectively.