Donglian 188bet game’s net profit loss in the first half of 2019 was 2.02 million yuan,Decreased 273% year-on-year

Cultural 188bet game Benefits Author of this article: 188bet game 2019-08-20
Donglian 188bet game achieved operating income of 323 in the first half of the year.880,000 yuan,Decreased by 39 compared with the same period last year.90%,Net profit loss attributable to shareholders of the listed company 202.450,000 yuan,Decreased by 273 compared with the same period last year.65%。

Eastern Union 188bet game (stock code: 836591), a company listed on the New Third Board, disclosed the 2019 semi-annual report,The company achieved operating income of 323 during the reporting period.880,000 yuan,Decreased by 39 compared with the same period last year.90%,Net profit loss attributable to shareholders of the listed company 202.450,000 yuan,Decreased by 273 compared with the same period last year.65%。

Data display,Donglian 188bet game mainly provides consultation for tourist attractions、Planning、Training、Suggestions and other 188bet game management services,Has hosted many regionally influential tourist attractions,Currently providing entrusted management services for Subohan Prairie Scenic Area。Company via online、Offline marketing model to develop 188bet game service business,The current main income comes from management service fees、Travel product sales、Travel agency service、Planning services and network engineering services business。

Reasons for the decline in performance,Donglian 188bet game Express,During the reporting period,Shanghai Temple Scenic Spot Business Strategy and Organizational Structure Adjustment、Donglian Animation City is closed for internal rectification,The company has terminated the business hosting and related 188bet game service contract with the above-mentioned owners,Results in this reporting period,Reduction in various income,Profit reduction。

During the reporting period,The net cash flow generated by the company’s operating activities is -303.840,000 yuan,Decreased by 448 compared with the same period last year.50%,Mainly because the company terminated the hosting and 188bet game service contract with Shanghai Temple Scenic Area and Donglian Animation City,Reduction in revenue leads to reduction in cash inflow from operating activities;The net cash flow generated from investing activities in this period is -164.510,000 yuan,Decreased by 75% compared with the same period last year.86%,Mainly due to the decrease in fixed asset investment in this period。

As of June 30, 2019,Company total assets 6770.700,000 yuan,Decreased by 2 from the beginning of the year.24%;Company’s total liabilities 106.660,000 yuan,Increase of 79 from the beginning of the year.75%,Mainly due to the increase in accounts payable compared with the end of the previous year due to the purchase of goods by the company's subsidiary Donglian Commodity Company but the payment for the goods has not yet been paid;Net assets attributable to listed companies during the reporting 188bet game 6,664.04 million yuan,Decreased by 2 from the beginning of the year.95%。

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