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For the fiscal year ended 31 December 2021, China Digital Culture (Group) Ltd revenues increased 11% to HK$62.7M. Net loss decreased 87% to HK$45.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Selling and distribution costs decrease of 45% to HK$1.2M (expense), Share of results of a joint venture decrease from HK$573K (expense) to HK$0K.
Period Ending: | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
---|---|---|---|---|
Total Revenue | 21.93 | 24.5 | 7.79 | 8.44 |
Gross Profit | 15.46 | 5.96 | 2.71 | 3.12 |
Operating Income | 9.03 | -1.93 | -7.34 | -9.33 |
Net Income | -0.49 | -10.73 | -16.27 | -18.25 |
Period Ending: | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
---|---|---|---|---|
Total Assets | 473.55 | 472.41 | ||
Total Liabilities | 534.54 | 526.45 | ||
Total Equity | -60.99 | -54.04 |
Period Ending: | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 6 Months | 0 Months |
Cash From Operating Activities | -25.37 | |||
Cash From Investing Activities | -13.96 | |||
Cash From Financing Activities | 16.21 | |||
Net Change in Cash | -24.29 |
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