Chinese Internet video company published its annual financial report for 2015, stating that the company's total operating revenue in 2015 was about CNY13 billion, a year-on-year increase of 90.89%; and its net profit attributable to shareholders was CNY573 million, a year-on-year increase of 57.41%.

At the same time, the report revealed that Letv's advertising business revenue increased by 67.53% year-on-year to about CNY2.633 billion, accounting for 20.23% of its total operating revenue. Its terminal business revenue increased by 122.22% year-on-year to about CNY6.089 billion, accounting for 46.78% of its total operating revenue.

The company's membership and distribution business revenue increased by 56.17% year-on-year to CNY3.782 billion, accounting for 29.06% of its total operating revenue; and its technical service revenue was CNY151 million in 2015; and its other business revenue was CNY360 million, a year-on-year increase of 324.76%.

Letv predicted that its net profit attributable to shareholders is expected to reach between CNY104.921 million and CNY133.536 million, representing a year-on-year increase between 10% and 40% for the first quarter of 2016.

Letv's report stated that during the first quarter of 2016, its various main businesses maintained stable growth. In addition, due to the good sales performance of its super TV products, the company's operating revenue will achieve fast growth in the coming months.


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