Guangdong Guangzhou Daily Media Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 21, 2019 at 07:53 am
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Guangdong Guangzhou Daily Media Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 491.684 million compared to CNY 574.186 million a year ago. Operating income was CNY 106.144 million compared to CNY 23.345 million a year ago. Net income was CNY 104.664 million compared to CNY 27.107 million a year ago. Basic earnings per share from continuing operations was CNY 0.0901 compared to CNY 0.0233 a year ago.
Guangdong Guangzhou Daily Media Co Ltd is a China-based company principally engaged in newspaper media business. The Company's main businesses include digital marketing and exhibition activities, newspaper advertising and distribution, commercial printing, merchandise sales, leasing and management services and other businesses. The digital marketing and exhibition event business includes integrated marketing communication services. Newspaper advertising and distribution business mainly includes the operation of newspapers, periodicals and new media. Commercial printing business includes newspaper printing and commercial printing. The merchandise sales business includes newspaper sales, household product ordering, e-commerce sales and distribution business. Leasing and management services include cultural and creative park operations. Other businesses mainly include cultural industry investment business and education and training business.