Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . DREAMSKY iDreamSky Technology Holdings Limited 创 梦 天地 科技 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1119 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED JUNE 30 , 2021 The Board is pleased to announce the unaudited consolidated results of the Group for the six months ended June 30 , 2021 , together with the comparative unaudited figures for the corresponding period in 2020 as below . These interim results for the six months ended June 30 , 2021 have been reviewed by the Auditor in accordance with International Standard on Review Engagements 2410 " Review of interim financial information performed by the independent auditor of the entity ” issued by the International Auditing and Assurance Standards Board , and by the Audit Committee . FINANCIAL PERFORMANCE HIGHLIGHTS Six months ended June 30 , 2021 Period - on- period Revenue Gross profit ( Loss ) / profit before income tax ( Loss ) / profit for the period Adjusted profit for the period * * RMB'000 ( unaudited ) 2020 RMB'000 ( unaudited ) 1,367,072 1,591,643 ( 14.1 % ) 518,770 684,793 ( 24.2 % ) ( 80,842 ) 167,324 ( 148.3 % ) ( 67,956 ) 147,866 ( 146.0 % ) 13,985 215,378 ( 93.5 % ) To supplement our unaudited consolidated financial statements which are presented in accordance with IFRS , we also use adjusted profit for the period as an additional financial measure to evaluate our financial performance by eliminating the impact of items that we do not consider indicative of the performance of our business . Our adjusted profit for the period was derived from our profit / loss for the period excluding share - based compensation expenses , fair value gains or losses on financial assets , fair value changes from convertible bonds classified as financial liabilities at fair value through profit or loss , impairment losses on contract assets , and impairment provisions on investments in associates ( if any ) . -1-