Guangdong South New Media Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 12:41 pm
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Guangdong South New Media Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 325.672 million compared to CNY 293.733 million a year ago. Operating income was CNY 161.635 million compared to CNY 141.032 million a year ago. Net income was CNY 161.717 million compared to CNY 143.667 million a year ago. Basic earnings per share from continuing operations was CNY 0.7 compared to CNY 0.62 a year ago.
Guangdong South New Media Co., Ltd. is a China-based company principally involved in new media business. The Company is mainly engaged in Internet Protocol Television (IPTV) and Internet TV businesses, as well as the provision of cable TV network value-added services and province outside private network audio-visual program integrated services. The Company is also engaged in the provision of program event technical services, subway TV technology services and mobile channel technology services. The Company mainly conducts its businesses in domestic market.
GUANGDONG SOUTH NEW MEDIA CO.,LTD. 
