Shanghai 2345 Network Holding Group Co., Ltd. on Wednesday released its unaudited financial results for 2017, seeing a surge in its financial performance.
In 2017, the company witnessed an increase of 85.41 percent year-on-year to approximately 3.229 billion yuan in its total revenues.
Its operating profit jumped by 36.77 percent to around 882.9 million yuan on a year-on-year basis.
The net income stood at approximately 931.6 million yuan with a growth of 46.72 percent from the previous year.
Its earnings per share came at 0.29 yuan, up 45 percent year-on-year.
The company’s total assets reached around 9.16 billion yuan, a year-over-year increase of 24.44 percent.
The company attributed its upward financial performance in 2017 mainly to the stable development of its internet information services business and the rapid evolution of its online consumer finance operations.
Its net assets per share, however, reduced 35.17 percent mainly due to its increase in net assets and capital stock.
Its capital stock surged by 76.76 percent to around 3.4 billion yuan on a year-on-year basis.
The company said its 2017 financial results were within its expectations.
In 2017, the company witnessed an increase of 85.41 percent year-on-year to approximately 3.229 billion yuan in its total revenues.
Its operating profit jumped by 36.77 percent to around 882.9 million yuan on a year-on-year basis.
The net income stood at approximately 931.6 million yuan with a growth of 46.72 percent from the previous year.
Its earnings per share came at 0.29 yuan, up 45 percent year-on-year.
The company’s total assets reached around 9.16 billion yuan, a year-over-year increase of 24.44 percent.
The company attributed its upward financial performance in 2017 mainly to the stable development of its internet information services business and the rapid evolution of its online consumer finance operations.
Its net assets per share, however, reduced 35.17 percent mainly due to its increase in net assets and capital stock.
Its capital stock surged by 76.76 percent to around 3.4 billion yuan on a year-on-year basis.
The company said its 2017 financial results were within its expectations.
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