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iFlytek H1 2017 Profit Down 58% YoY

iFlytek, 8/10/17

Chinese voice recognition software firm iFlytek (002230.SZ) has announced its financial results for the six months ended June 30, 2017. H1 2017 revenue was RMB 2.102 bln, up 43.79% YoY.

Net profit attributable to shareholders in H1 2017 was RMB 107.28 mln, down 58.11% YoY.

Revenue from software and IT services was RMB 2.037 bln, up 45.47% YoY. Revenue from educational services was RMB 58.30 mln, up 2.33% YoY. Other revenue was RMB 7.32 mln.

Keywords: profit revenue software IT services iFlytek 002230.SZ voice recognition H1 2017 fiscal report

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