Shandong Publishing&Media Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 30, 2020 at 05:19 am
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Shandong Publishing&Media Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 3,812.784 million compared to CNY 4,185.929 million a year ago. Operating income was CNY 425.321 million compared to CNY 758.417 million a year ago. Net income was CNY 451.994 million compared to CNY 761.988 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.37 a year ago.
Shandong Publishing & Media Co Ltd is a China-based company primarily engaged in the publishing, issuing, printing and material trading of books, periodicals and electronic audio-visual products. The Company operates five segments. The Publishing segment engages in the publishing of teaching materials, general books, periodicals, electronic audio-visual products and digital products. The Issuing segment engages in issuing, wholesale, retail and chain operation of teaching materials, general books, electronic audio-visual products, newspapers and periodicals and other publications. The Material Trading segment engages in materials supply business and foreign trade business. The Printing Business segment engages in internal and external printing businesses. The Other segment engages in software development, logistics business, online education platform, hotel services and other businesses. The Company conducts its businesses in the domestic market.