On the evening of January 30, Storm Group released its 2017 annual performance notice, which showed that Storm Group realized a revenue of RMB1.812 billion to RMB2,306 million in 2017, an increase of 10% to 40% over the same period of last year. Net profit of 47.53105 million yuan to 63.3741 million yuan, an increase of -10% over the previous year to 20%.
Storm Group said revenue for FY2017 achieved an increase, of which revenue from the Internet television business of controlling subsidiary Shenzhen Storm Commander Technology Co., Ltd. recorded a significant increase of more than 40% over the same period of previous year.
Although the revenue from principal operations increased, the costs and operating expenses increased over the same period, so the net profit attributable to shareholders of the listed companies increased or remained basically unchanged from the same period of last year.
During the reporting period, it is estimated that the amount of non-recurring gains and losses is about 16 million yuan to 19 million yuan.