iFlyTek Posts Narrower Attributable Loss in H1

MT Newswires Live

08/21

iFlyTek (SHE:002230) attributable loss narrowed by 14% to 203.8 million yuan in the first half from 238.9 million yuan in the year-ago period, according to a Friday filing with the Shenzhen Stock Exchange.

The Chinese information technology company incurred a loss per share of 0.0865 yuan compared with 0.1034 yuan in the prior-year period.

Operating revenue grew 6.5% year over year to 11.6 billion yuan from 10.9 billion yuan.

Shares in the tech company fell 2% during the midday break on Friday.

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