Evening of April 22nd，Yunnan 188bet app (002059) releases 2019 annual report。Data display，Yunnan 188bet app achieved operating income of 28 last year.7.9 billion yuan，Year-on-year decrease of 2.52%；Attributable net profit achieved 9470.040,000 yuan，Down 84 year-on-year.13%；Excluding non-net loss is 1.6.5 billion yuan，Net loss in the same period last year.8.7 billion yuan。

For the decline in net profit，Company representation，Mainly due to the investment income obtained from the transfer of 55% equity of the holding subsidiary 188bet app Shibo Xingyun Real Estate Co., Ltd. in the same period last year。

Last year，Yunnan 188bet app acquired Yunnan Expo International Travel Agency Co., Ltd.、Shenzhen OCT Cultural 188bet app Technology Group Co., Ltd. and Yunnan World Dinosaur Valley 188bet app Co., Ltd.，Disposed of the entire equity of the wholly-owned subsidiary Yunnan Expo Garden Hotel Co., Ltd.。

Same day，Yunnan 188bet app released its performance forecast for the first quarter of 2020，It is expected that the attributable net profit loss in the first quarter will be 25 million yuan to 30 million yuan，The decrease is 1781.61% to 1501.35%,Net profit of the same period last year 178.40,000 yuan。

Company representation，Affected by the COVID-19 epidemic in the first quarter of 2020，Company operating income、Total profit、Net profits attributable to shareholders of listed companies dropped significantly compared with the same period last year。

*Source of this article: Beijing NewsNET，Author: Zhang Zeyan, original title:《Yunnan 188bet app’s net profit fell 84% year-on-year last year and it is expected to lose about 30 million in the first quarter》。