China Unlimited

[kindama]

LTONY results out

Their top game has passed 100mm downloads
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LINK to results announcment

MOBILE GAMES POWER MNC MEDIA INVESTMENT’S TURNOVER SURGE TO
US$27M IN 1H2014
- Mobile games sales in China soared more than four-fold to US$18.3million in
1H2014 from US$4.0 million in 1H2013
- Parenting portal “Fumubang” in China reaches 400,000 targeted users within
first year of launch
- Cash per Chess Depositary Interests (“CDIs”) as at 30 Jun 2014 is US$2.90,
which is close to two times of current valuation
Australia, August 29, 2014 — Within six months of its repositioning, MNC Media
Investment Ltd (ASX: MIH) (“MNCMI” or “the Group”), a provider of media and
entertainment content and services in key strategic markets in Asia, has seen its
sales soar to US$27.0 million in 1H2014.
Hary Tanosoedibjo, Chairman and CEO of the Group said: “The Group’s
repositioning and transformation have borne fruit. Our strategic focus on digital
games – particularly mobile games in China – has given us a shot in the arm –
driving our performance up significantly in the first six months of this year. Compared
to same period last year, we reduced our losses by 63% to US$1.9 million.
“With the positive results garnered from our vigorous efforts in the digital
games/mobile games industry, we believe that our games will continue to build
greater traction in our key market, China - in the coming months.
“We will focus on building a rich portfolio of media assets focusing on mobile games,
social commerce and leisuretainment industries, in populous markets such as China
and South East Asia. With the population of more than 200 million in Indonesia, the
world’s fourth populous country, and 1.3 billion in China, the world’s most populous
country, the opportunities for growth are extensive. We are confident that our
prospects for the full year will be positive.”