Guangdong South New Media Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 09:16 am
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Guangdong South New Media Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 907.709 million compared to CNY 728.848 million a year ago. Operating income was CNY 454.863 million compared to CNY 278.522 million a year ago. Net income was CNY 455.135 million compared to CNY 277.058 million a year ago. Basic earnings per share from continuing operations was CNY 1.97 compared to CNY 1.35 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.