Neusoft Reach operating income

2021-07-24 00:00
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From 2018 to 2020, Neusoft Reach's revenue was RMB 110 million, RMB 797 million, and RMB 632 million, respectively, and its interim net profit from 2018 to 2021 was RMB -350 million, RMB 310 million, RMB -190 million, and RMB -60 million, respectively. However, as Neusoft Reach has been in a loss-making state, in October 2021, Neusoft Group introduced the National Big Fund to increase its capital in Neusoft Reach. After the transaction was completed, the equity was diluted to 30%, and it was no longer included in the consolidated financial statements of Neusoft Group.