The Wanka Online (01762) announced its interim performance for the six months ended June 30, 2024, and the group achieved revenue of 1.232 billion yuan (the same unit)...

The company achieved high-quality results in the first half of 2024, thanks to the continuous expansion and improvement of its business channels in recent years. In the mobile advertising distribution business, as the only company that has deep cooperation with all mainstream top smart phone manufacturers such as Huawei, Xiaomi, OPPO, vivo, Honor, Apple, the company continues to cultivate and lay out in the field of mobile advertising distribution, continuously creating greater value for its customers and business partners. It has gained continuous recognition from business partners and customers. As the core service provider of IQiyi, the company has conducted multiple collaborations in the video field since last year. Combining the company's experience in distribution, the company achieved very good results in the first half of 2024. The revenue from mobile advertising services increased from 1.026 billion yuan for the six months ended June 30, 2023 to 1.191 billion yuan for the six months ended June 30, 2024, a year-on-year increase of 16.1%. The expansion of the business has also enabled the company to grasp and analyze more high-quality anonymized data, accumulating rich experience in multiple operating system ecosystems and promotional channels. To this end, the company has increased investment in technological research and development to better iterate and update delivery technologies across various channels and continuously develop new technological capabilities, enabling the company to maintain its industry-leading position. The company's research and development costs increased by 11.9% to 30.6 million yuan in the first half of 2024.