omniture

NetDragon Websoft Inc. Reports Fourth Quarter and Fiscal Year 2013 Financial Results

2014-03-27 19:31 8018

Full-year Revenue from Continuing Operations Up 7.1% Year on Year 

Steady Growth in Online Game Business; Dynamic Business Project Remain s on Track


HONG KONG, March 27, 2014 /PRNewswire/ -- NetDragon Websoft Inc. ("NetDragon"; Stock Code: 777), a leading developer and operator of online games and mobile internet platforms in China, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2013. A conference call and live webcast is scheduled for March 27, 2014 at 8:00 pm Hong Kong time (8:00 am U.S. Eastern Time) to review the Company's financial results and recent business developments.

Fourth Quarter 2013 Financial and Operational Highlights

  • Revenue from continuing operations was RMB229.0 million, an increase of 4.4% over the third quarter of 2013 ("QoQ"), and keeping at a steady level as compared with the fourth quarter of 2012 ("YoY");
  • Gross profit from continuing operations was RMB205.9 million, an increase of 3.2% QoQ and a decrease of 2.6% YoY;
  • Operation loss from continuing operations was RMB1.7 million;
  • Non-GAAP operating profit1 from continuing and discontinued operations was RMB11.3 million;
  • Profit attributable to owners of the Company from continuing and discontinued operations2 was RMB5,807.1 million, an increase of 5,872.6% QoQ;
  • Non-GAAP loss attributable to owners of the Company from continuing and discontinued operations was RMB7.5 million;
  • Basic loss per share from continuing operations was RMB0.95 cents, diluted loss per share from continuing operations was RMB0.95 cents ;
  • Basic earnings per share from continuing and discontinued operations was RMB1,145.41 cents, diluted earnings per share from continuing and discontinued operations was RMB1,138.30 cents ;
  • Peak concurrent users ("PCU") for online games were 477,000, a decrease of 6.5% QoQ and a decrease of 8.4% YoY;
  • Average concurrent users ("ACU") for online games were 266,000, a decrease of 1.5% QoQ and a decrease of 7.3% YoY;
  • On 1 October 2013, the disposal of 57.41% equity interest in 91 Wireless, NetDragon's subsidiary, to Baidu was completed, with total consideration of US$1.06 billion (approximately RMB6,520.4 million);
  • On 6 November 2013, the Company paid the special dividend of HK$7.77 per share to shareholders whose names appeared on the register of members of the Company at the close of business on 29 October 2013; and
  • The Board of Directors has proposed a final dividend of HK$0.20 per share subject to the final approval by the shareholders at the Annual General Meeting.

1

 

See "Non-GAAP Financial Measures" section for more details on the reasons for presenting these measures

 

2

 

As NetDragon sold all its equity interest in 91 Wireless and its subsidiaries during the reporting period, the 91 Wireless businesses are classified as Discontinued Operations in financial statements.

 

Fiscal Year 2013 Financial Highlights

  • Full-year revenue from continuing and discontinued operations for 2013 jumped to RMB1,492.7 million;
  • Revenue from continuing operations was RMB884.5 million, an increase of 7.1% compared to 2012;
  • Gross profit from continuing and discontinued operations was RMB1,333.1 million, an increase of 34.4% compared to 2012;
  • Gross profit from continuing operations was RMB803.1 million, an increase of 4.1% compared to 2012;
  • Operating profit from continuing and discontinued operations was RMB530.0 million, an increase of 29.9% compared to 2012;
  • Operating profit from continuing operations was RMB202.8 million, a decrease of 38.8% compared to 2012;
  • Non-GAAP operating profit from continuing and discontinued operations was RMB671.2 million, an increase of 51.6% compared to 2012;
  • Profit attributable to owners of the Company from continuing and discontinued operations was RMB6,140.8 million, an increase of 15,574.8% over 2012;
  • Non-GAAP profit attributable to owners of the Company from continuing and discontinued operations was RMB433.2 million, an increase of 17.7% over 2012;
  • Profit for the year from continuing and discontinued operations was RMB6,222.4 million, an increase of 15,871.0% over 2012;
  • Non-GAAP profit for the year from continuing and discontinued operations was RMB514.8 million, an increase of 40.0% over 2012;
  • Basic earnings per share from continuing and discontinued operations was RMB1,213.44 cents, diluted earnings per share from continuing and discontinued operations was RMB1,181.10 cents;
  • Basic earnings per share from continuing operations was RMB32.48 cents, diluted earnings per share from continuing operations was RMB31.75 cents; and
  • During the year ended 31 December 2013, the Company repurchased a total of 5,685,500 shares on the Stock Exchange at an aggregate consideration of HKD104,000,240 before expenses.

Mr. Liu Dejian, Chairman and Executive Director of NetDragon, commented, "2013 was an important year during which NetDragon was able to reap the rewards and start a new journey. As a result of the joint efforts of all the employees, our full-year revenue from continuing and discontinued operations exceeded RMB1.49 billion, reaching a new high. The Company updated several of the games in operation including 'Eudemons Online' and 'Zero Online', constantly delivering even more exciting gaming experiences to players and extended the games' life cycle. Moreover, we continued to operate games in many countries and regions with marketing potential and ensured a substantial and healthy development of Company's online game business. The full-year revenue from the gaming business reached RMB 884.5 million, up 7.1% year on year.

"Meanwhile, we sold our subsidiary 91 Wireless to Baidu in 2013, yielding recognition and rewards for the enormous resources and effort we devoted to mobile Internet business and laying a solid foundation for our new dynamic business project. After the completion of the transaction, we shifted our strategy to the R&D and operating of mobile games by launching a variety of mobile games including 'Crazy Horde', 'War of Gods' and 'The Pirate'. We believed that mobile games will become another growth driver in the near term, driven by our years of experience in the R&D and operating of online games.

"In order to maximize our achievements, NetDragon has devoted more effort and resources to the development of new strategic businesses by leveraging our strengths. Given the anticipated rapid growth of China's online education market, we built an overall framework for online education in 2013 with a focus on the large open cloud-based education platform which integrates back-end support and front-end applications and is designed for PC, mobile and many other types of terminals, as well as specific projects such as tablets for students. Leveraging its strong internet capacities and ample financial support, NetDragon plans to gradually build a highly inclusive lifelong learning system from kindergarten to universities offering continuing education, in a move to gain a competitive edge in the fast-growing online education market. Both management and employees are confident the success of NetDragon's short-and-long term developments."

Fourth Quarter 2013 Business Highlights

Games Business

-- MMO Series

  • The new expansion pack for "Eudemons Online", "Gods Recovery", conducted official open beta testing on October 31 and again received a warm response from players, demonstrating that this classic game is still compelling with the ongoing updates.
  • The iPhone-based English version of "Conquer Online" was officially launched in December. It is inter-operable with the previously-released iPad version, providing more choices for oversea players.
  • NetDragon continued in its attempts to diversify its products through its well-established overseas channels and became the exclusive agent for simulation-based web game "Total Football Online" in the Arabic-speaking world in late September 2013.

-- Mobile Games

  • The iOS version of "War of Gods", NetDragon's self-developed cultivated strategic mobile game with Chinese myths as background and strategies normally associated with casual games, real-time combat and community interaction, was launched in Vietnam in October. The Android version is scheduled for release in China in early 2014, in a move to attract more players.
  • "The Celestial Saga", NetDragon's in-house developed 2.5D action role-play mobile game, launched a new EP "Born to reign*" with enhancements such as multiple sacred animal plays to provide richer experience.
  • "Hero Cut", an original leisure action mobile game combined three types of games -parkour, card and touch-screen cut, began channel testing in November. "Fatal Fighter", the Company's self-developed "beat-em-up" side scrolling mobile game based on a storyline of travelling through time with extra-sensory powers, entered stress testing in October and commenced closed beta testing in November.
  • "Crazy Horde", the Company's major mobile game of the year, simultaneously kicked off beta testing for its simplified Chinese Android and iOS versions in 15 domestic and foreign mainstream channels. The traditional Chinese version "Crazy Primitive*" was also officially launched and began open beta testing in Hong Kong, Macau and Taiwan.
  • The Arabic version of "The Pirate", NetDragon's first in-house developed role-play turn-based mobile game based on nautical theme, was officially launched on the App Store in December. Two updated versions were subsequently launched in the first quarter of 2014.
  • "Age of Egmont", the Company's first fantasy style ARPG, is in the closed beta testing stage. During this review period, this game was awarded the "2013 Annual Boyden Best Original Mobile Platform Online Game Award" from the China International Digital Content Expo.

Education Business

  • On 30 October, NetDragon BVI, Foxteq Holding Inc., an indirectly wholly owned subsidiary of Hon Hai Precision Industry Co., Ltd. and Vision Knight Capital (China) Fund I, L.P. entered into a Memorandum of Understanding to jointly explore and conduct business in the online education and related application markets.

Recent Developments and Business Outlook

Game Business

-- MMO Series

  • "Way of the Five" launched a new expansion pack, "Demon is coming*", in March 2014, with new classes and properties, significantly increasing the interest value of the game.
  • Eudemons Online's new expansion pack, "Dragon Knight - Apocalypse*", entered no-file-deleted closed beta testing on 25 March, 2014. This expansion pack will enrich the class system within the game again and launch official beta testing in April 2014.
  • "Caliber of Spirit", a 3D MOBA web game developed in-house, is currently in the non-file-deleted testing stage, with more than 100,000 aggregate concurrent players.
  • "Tiger Knight", NetDragon's self-developed new action strategy online game, is planned to commence beta testing in the first half of 2014. This game, using the story of the Three Kingdoms, a period of Chinese history that is well-known and of high interest to both domestic and overseas players, as background enables large-scale synchronous online battles.
  • The English version of "Conquer Online" rolled out the new expansion pack "Wrath of the Trojan" on March 20, 2014.

Mobile Games

  • "Blade & Sword", NetDragon self-developed 2.5D martial arts role-play mobile game, carried out non-file-deleted closed testing in January 2014.
  • "Waku & Maou", a next-generation strategy game that combines the features of both card and landscape turn-based games, conducted first closed beta testing in March 2014.
  • The mobile version of "Age of Egmont", the Company's first fantasy ARPG, will carry out an open beta test in the second quarter of 2014 and will also be available on several platforms, including PC, iOS and Android.
  • The mobile version of "Eudemons Online", a free mobile game with a focus on feeding phantom beasts interspersed with PK gang fights, and developed by NetDragon's core development team, entered closed beta testing and is scheduled for an official launch in the third quarter of 2014. With a sizable player base and popularity in the MMORPG market, this mobile game is expected to be popular.
  • "Fatal Fight", NetDragon's independently developed landscape-based fighting mobile game, will carry out open beta testing in the second quarter of 2014.

Education Business

  • On January 24, 2014, NetDragon BVI entered into an agreement with Foxteq and Vision Knight Capital to collaborate in the exploration and business operation in the online education and related application market through the establishment of the wholly foreign owned enterprise and a limited liability company in the PRC at the proposed registered capital of US$8,000,000 and RMB10,000,000, respectively.

*Working Titles

  • NetDragon will strengthen the strategic position of the online education business within the Group and further invest into this business through acquisitions and roll out of new products. The Company will enhance the education contents on"Open Cloud-based Education Platform" as the pillar of our online education business and boost the development of large scale cloud-based education platforms running on several terminals, including PC, smartphones and tablets.
  • Leveraging our strong internet capacities and experience in the R&D and operating of mobile platform products and combining the power of a world's leading 3C electronic product manufacturer in hardware production, NetDragon plans to introduce its first tablet with the own brand especially designed for students in the second half of 2014 with the advantages of smart tablets together with education software and huge volume of educational resources.

Financial Highlights:

RMB('000)

 

4Q 2013

 

3Q 2013

 

4Q 2012

 

QoQ(%)

 

YoY(%)

 

2013

 

2012

 

YoY(%)

 

Revenue from
continuing operations

 

229,001

 

219,364

 

229,104

 

4.4%

 

(0.04%)

 

884,518

 

825,744

 

7.1%

 

Gross profit from
continuing operations

 

205,931

 

199,527

 

211,393

 

3.2%

 

(2.6%)

 

803,092

 

771,340

 

4.1%

 

Gross profit margin from
continuing operations

 

89.9%

 

91.0%

 

92.3%

 

(1.1%)

 

(2.4%)

 

90.8%

 

93.4%

 

(2.6%)

 

Operating (loss) profit
from continuing
operations

 

(1,707)

 

49,808

 

98,713

 

N/A

 

N/A

 

202,810

 

331,556

 

(38.8%)

 

(Loss) profit for the
period/year from
continuing operations

 

(2,732)

 

36,961

 

78,767

 

N/A

 

N/A

 

166,407

 

281,840

 

(41.0%)

 

Basic (loss) earnings per
share from continuing
operations

(RMB cents)

 

(0.95)

 

7.27

 

15.67

 

N/A

 

N/A

 

32.48

 

55.50

 

(41.5%)

 

Diluted (loss) earnings per share from continuing operations

(RMB cents)

 

(0.95)

 

7.22

 

15.57

 

N/A

 

N/A

 

31.75

 

54.74

 

(42.0%)

 

Metrics

Online Games


 

4Q 2013

 

3Q 2013

 

2Q 2013

 

1Q 2013

 

4Q 2012

 

3Q 2012

 

2Q 2012

 

PCU

 

477,000

 

510,000

 

468,000

 

445,000

 

521,000

 

525,000

 

582,000

 

ACU

 

266,000

 

270,000

 

255,000

 

237,000

 

287,000

 

281,000

 

307,000

 

Non-GAAP Financial Measures

To supplement the consolidated results of the Group prepared in accordance with HKFRSs, the use of certain non-GAAP measures is provided solely to enhance the overall understanding of the Group's current financial performance. These non-GAAP measures are not expressly permitted measures under HKFRSs and may not be comparable to similarly titled measures for other companies. The non-GAAP financial measures of the Group exclude share-based payments expense, interest income on pledged bank deposit, exchange gain/loss on pledged bank deposit, secured bank borrowing and redeemable convertible preferred shares, net gain/loss on derivative financial instruments of convertible redeemable preferred shares and other financial liability, finance costs and profit on disposal of subsidiaries (net of related income tax).

Management Conference Call

NetDragon will host a management conference call and webcast to review its fourth quarter and fiscal year 2013 financial results ended December 31, 2013 on Thursday, March 27, 2014, at 8pm Hong Kong time.

Details of the live conference call are as follows:

Time:

 

8:00 PM Beijing / Hong Kong Time / 8:00 AM Eastern Standard Time, March 27, 2014

 

International Toll

 

61-283-733-610

 

US Toll Free

 

1-800-742-9301

 

Hong Kong Toll Free

 

800-906-648

 

China Toll Free (for fixed line users)

 

800-870-0210

 

China Toll Free (for mobile users)

 

400-120-3170

 

Passcode

 

NetDragon

 

A live and archived webcast of the conference call will be available on the Investor Relations section of NetDragon's website at http://ir.netdragon.com/investor/ir_events.shtml. Participants in the live webcast should visit the aforementioned website 10 minutes prior to the call, then click on the icon for "4Q and Fiscal Year 2013 Results Conference Call" and follow the registration instructions.

About NetDragon

NetDragon Websoft Inc. (HKSE: 0777) is a leading innovator and creative force in China's online gaming and mobile internet industries. Established in 1999, we are a vertically integrated developer & operator of MMORPGs and a cutting-edge R&D powerhouse. We launched our first self-made online game "Monster & Me" in 2002, followed by multiple titles including "Eudemons Online", "Conquer Online" and "Zero Online". Meanwhile, leveraging our years of experience in R&D and operation of games, we have successively launched a variety of mobile games, including "Warring States", "War of Gods" and "Crazy Horde". We are also China's pioneer in overseas expansion, directly operating titles in overseas markets since 2003 in English, Spanish, Arabic and other languages. NetDragon has proven track record in incubating online gaming and mobile Internet projects over the years, including the No. 1 Chinese online game portal - 17173.com, and the China's biggest and most influential smartphone service platform - 91 Wireless.

For investor enquiries, please contact:
NetDragon Websoft Inc.
Ms. Maggie Zhou
Senior Director of Investor Relations
Tel.: +86 591 8754 3120
Email: maggie@nd.com.cn / ndir@nd.com.cn
Website: www.nd.com.cn/ir

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

 

(FOR THE FOURTH QUARTER AND FISCAL YEAR ENDED 31 DECEMBER 2013)

 

 

 

4Q 2013

 

 

3Q 2013

 

 

2013

 

 

2012

 

 

(Unaudited)

 

 

(Unaudited)

 

 

(Audited)

 

 

(Audited and
restated)

 

 

RMB '000

 

 

RMB '000

 

 

RMB '000

 

 

RMB '000

 

Continuing operations

 

 

 

 

 

 

 

 

Revenue

 

229,001

 

 

219,364

 

 

884,518

 

 

825,744

 

Cost of revenue

 

(23,070)

 

 

(19,837)

 

 

(81,426)

 

 

(54,404)

 

 

 

 

 

 

 

 

 

Gross profit

 

205,931

 

 

199,527

 

 

803,092

 

 

771,340

 

Other income and gains

 

14,687

 

 

12,476

 

 

44,980

 

 

48,909

 

Selling and marketing expenses

 

(31,692)

 

 

(27,935)

 

 

(106,200)

 

 

(113,555)

 

Administrative expenses

 

(140,882)

 

 

(87,611)

 

 

(366,143)

 

 

(206,137)

 

Development costs

 

(44,469)

 

 

(45,349)

 

 

(162,857)

 

 

(146,208)

 

Other expenses

 

(5,290)

 

 

(1,259)

 

 

(10,046)

 

 

(22,249)

 

Share of profit (losses) of associates

 

8

 

 

(41)

 

 

(16)

 

 

(544)

 

Operating (loss)profit

 

(1,707)

 

 

49,808

 

 

202,810

 

 

331,556

 

Interest income on pledged bank deposit

 

840

 

 

222

 

 

4,883

 

 

4,849

 

Exchange gain (loss) on pledged bank deposit and
secured bank borrowing

 

4,465

 

 

(1,769)

 

 

4,593

 

 

10,807

 

Net loss on other financial liability

 

(3,122)

 

 

-

 

 

(5,481)

 

 

(10,679)

 

Gain on disposal of available-for-sale investment

 

5,761

 

 

-

 

 

5,761

 

 

-

 

Net gain (loss) on held for trading investments

 

8,756

 

 

-

 

 

8,756

 

 

(61)

 

Finance costs

 

(968)

 

 

(326)

 

 

(4,651)

 

 

(4,276)

 

Profit before taxation

 

14,025

 

 

47,935

 

 

216,671

 

 

332,196

 

Taxation

 

(16,757)

 

 

(10,974)

 

 

(50,264)

 

 

(50,356)

 

(Loss)profit for the period/year from continuing operations

 

(2,732)

 

 

36,961

 

 

166,407

 

 

281,840

 

Discontinued operations

 

 

 

 

 

 

 

 

Profit (loss) for the period/year from discontinued operations

 

5,811,963

 

 

105,586

 

 

6,056,041

 

 

(242,879)

 

Profit for the period/year

 

5,809,231

 

 

142,547

 

 

6,222,448

 

 

38,961

 

Other comprehensive expense for the period/year, net of
income tax:

 

 

 

 

 

 

 

 

Exchange differences arising on translation of foreign
operations that may be reclassified subsequently to profit
or loss

 

(338)

 

 

(167)

 

 

(1,130)

 

 

(64)

 

Total comprehensive income for the period/year

 

5,808,893

 

 

142,380

 

 

6,221,318

 

 

38,897

 

 

 

 

 

 

 

 

 

Profit (loss) for the period/year attributable to:

 

 

 

 

 

 

 

 

-Owners of the Company

 

5,807,145

 

 

97,230

 

 

6,140,776

 

 

39,176

 

-Non-controlling interests

 

2,086

 

 

45,317

 

 

81,672

 

 

(215)

 

 

5,809,231

 

 

142,547

 

 

6,222,448

 

 

38,961

 

Profit (loss) for the period/year attributable to owner of the
Company:

 

 

 

 

 

 

 

 

-from continuing operations

 

(4,818)

 

 

36,926

 

 

164,352

 

 

282,029

 

-from discontinued operations

 

5,811,963

 

 

60,304

 

 

5,976,424

 

 

(242,853)

 

Profit for the period/year attributable to owner of
the Company

 

5,807,145

 

 

97,230

 

 

6,140,776

 

 

39,176

 

 

 

 

 

 

 

 

 

Profit (loss) for the period/year attributable to
non-controlling interests:

 

 

 

 

 

 

 

 

-from continuing operations

 

2,086

 

 

35

 

 

2,055

 

 

(189)

 

-from discontinued operations

 

-

 

 

45,282

 

 

79,617

 

 

(26)

 

Profit (loss) for the period/year attributable to
non-controlling interests

 

2,086

 

 

45,317

 

 

81,672

 

 

(215)

 

 

 

 

 

 

 

 

 

Total comprehensive income (expense) attributable to:

 

 

 

 

 

 

 

 

-Owners of the Company

 

5,806,807

 

 

97,063

 

 

6,139,646

 

 

39,112

 

-Non-controlling interests

 

2,086

 

 

45,317

 

 

81,672

 

 

(215)

 

 

5,808,893

 

 

142,380

 

 

6,221,318

 

 

38,897

 

 

 

 

 

 

 

 

 

 

RMB cents

 

 

RMB cents

 

 

RMB cents

 

 

RMB cents

 

Earnings per share

 

 

 

 

 

 

 

 

From continuing and discontinued operations

 

 

 

 

 

 

 

 

- Basic

 

1,145.41

 

 

19.14

 

 

1,213.44

 

 

7.71

 

- Diluted

 

1,138.30

 

 

19.02

 

 

1,181.10

 

 

7.60

 

From continuing operations

 

 

 

 

 

 

 

 

- Basic

 

(0.95)

 

 

7.27

 

 

32.48

 

 

55.50

 

- Diluted

 

(0.95)

 

 

7.22

 

 

31.75

 

 

54.74

 

CONSOLIDATED STATEMENT OF FINANCIAL POSITION (AS AT 31 DECEMBER 2013)

 

 

 

2013

 

 

2012

 

 

(Audited)

 

 

(Audited)

 

 

RMB '000

 

 

RMB '000

 

Non-current assets

 

 

 

 

Property, plant and equipment

 

532,684

 

 

345,415

 

Prepaid lease payments

 

185,819

 

 

139,678

 

Investment property

 

15,725

 

 

16,217

 

Intangible assets

 

-

 

 

2,626

 

Interests in associates

 

1,299

 

 

11,793

 

Interest in a joint venture

 

-

 

 

18,015

 

Available-for-sale investments

 

5,000

 

 

5,000

 

Loan receivables

 

16,041

 

 

9,969

 

Deposits made for acquisition of property, plant and equipment

 

16,769

 

 

-

 

Other receivable

 

60,969

 

 

-

 

Goodwill

 

12,534

 

 

12,534

 

Deferred tax assets

 

54

 

 

1,586

 

 

846,894

 

 

562,833

 

Current assets

 

 

 

 

Prepaid lease payments

 

2,583

 

 

2,902

 

Loan receivables

 

713

 

 

3,143

 

Trade receivables

 

41,718

 

 

61,427

 

Other receivables, prepayments and deposits

 

69,770

 

 

72,101

 

Held for trading investments

 

20,735

 

 

4,939

 

Amounts due from related companies

 

4,564

 

 

3,637

 

Amount due from a joint venture

 

-

 

 

3,060

 

Pledged bank deposit

 

107,368

 

 

194,405

 

Bank deposits

 

3,051,289

 

 

394,081

 

Bank balances and cash

 

1,304,355

 

 

1,142,825

 

 

4,603,095

 

 

1,882,520

 

 

 

 

 

Current liabilities

 

 

 

 

Trade and other payables

 

152,837

 

 

222,137

 

Deferred income

 

26,553

 

 

24,778

 

Amount due to a related company

 

-

 

 

121

 

Amount due to an associate

 

-

 

 

5,600

 

Secured bank borrowing

 

104,672

 

 

183,595

 

Other financial liability

 

3,122

 

 

10,679

 

Income tax payable

 

539,927

 

 

66,355

 

 

827,111

 

 

513,265

 

 

 

 

 

Net current assets

 

3,775,984

 

 

1,369,255

 

Total assets less current liabilities

 

4,622,878

 

 

1,932,088

 

 

 

 

 

Non-current liabilities

 

 

 

 

Redeemable convertible preferred shares

 

-

 

 

195,115

 

Conversion option derivative liability

 

-

 

 

314,829

 

Deferred tax liabilities

 

-

 

 

6,141

 

 

-

 

 

516,085

 

 

 

 

 

Net assets

 

4,622,878

 

 

1,416,003

 

 

 

 

 

Capital and reserves

 

 

 

 

Share capital

 

37,664

 

 

37,532

 

Share premium and reserves

 

4,577,478

 

 

1,356,317

 

 

 

 

 

Equity attributable to owners of the Company

 

4,615,142

 

 

1,393,849

 

Non-controlling interests

 

7,736

 

 

22,154

 

 

4,622,878

 

 

1,416,003

 


Source: NetDragon Websoft Inc.
Related Stocks:
HongKong:0777
collection