Phoenix Media Investment (HKG:2008) reported a loss attributable to owners of HK$205.3 million for the six months ended June 30, compared with HK$184.5 million a year earlier, according to an Aug. 15 Hong Kong bourse filing.

Shares of the company gained 4% in recent trade.

Loss per share came in at HK$0.4110, compared with HK$0.3694 a year earlier.

Revenue fell 16% to HK$873.7 million from HK$1.04 billion.