LeTV reported a net profit of 255 million yuan, an increase of nearly 70%

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LeE.com disclosed its interim report on the evening of August 25 that the company achieved operating income of 4.461 billion yuan in the first half of 2015, a year-on-year increase of 51.79%; net profit attributable to shareholders of listed companies was 25.5 billion yuan, a year-on-year increase of 67.70%; Basic earnings per share were 0.14 yuan. The company plans not to distribute cash dividends, bonus shares, and transfer provident funds to share capital for half a year.

LeE.com disclosed its interim report on the evening of August 25 that the company achieved operating income of 4.461 billion yuan in the first half of 2015, a year-on-year increase of 51.79%; net profit attributable to shareholders of listed companies was 255 million yuan, a year-on-year increase of 67.70%; and basic earnings per share was 0.14 yuan. The company plans not to distribute cash dividends, bonus shares, and transfer provident funds to share capital for half a year.

The company said that the increase in operating income in the first half of the year was mainly due to the hot sales of the company's advertising business and its subsidiary Super TVs. In addition, in the first half of the year, the company's website traffic, number of people covered and other indicators increased steadily. The "LeTV Ecosystem" business system of "platform + content + terminal + application" further exerted synergy effects. At the same time, as the brand influence continued to strengthen, the company's advertising revenue increased.

The report shows that in the first half of 2015, LeTV TV Super TV sold approximately 1 million units (including orders). LeTV·Super TV is in the production capacity climbing stage in the first half of the year. In the future, the company will continue to make every effort to optimize all links of the supply chain, continuously increase production capacity, meet the strong purchasing demand of consumers, and create a positive driving effect for the company's overall revenue growth. With the subsequent launch of new LeEco Super TVs and the continuous improvement of production capacity, the company is confident and able to achieve the sales target of more than 3 million units for the whole year of 2015.