China Literature Reports Strong Mid-Year Financials

China Literature (HK:0772) has released an update.

China Literature Limited has reported a robust financial performance for the first half of 2024, with a 27.7% increase in revenues and a 16.4% rise in non-IFRS profit compared to the previous year. The company’s success is attributed to its high-quality content strategy, notably in its live action TV and film business, which includes the box office hit YOLO and critically acclaimed TV series. This performance is underpinned by significant progress in their IP operations, which saw revenues surge by 75.7% year-over-year.

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