Zhejiang Huamei Holding Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 04:00 am
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Zhejiang Huamei Holding CO., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,021.248 million compared to CNY 1,269.174 million a year ago. Operating loss was CNY 545,346.72 compared to operating Income of CNY 104.094 million a year ago. Net income was CNY 15.258 million compared to CNY 70.567 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.07 a year ago.
Zhejiang Huamei Holding Co Ltd is a China-based company principally engaged in advertising planning and distribution, newspaper distribution and printing, education and other businesses. The Company primarily operates through two segments. Newspaper Publishing Industry Advertising Planning and Printing Related Business segment mainly provides products and services, including design, production, agency, and release of domestic advertising (except online advertising release), planning of cultural and artistic exchange activities, exhibition services, publications, packaging and decoration, other printed matter printing (limited to branch operations), wholesale, retail, printing equipment, and printing supplies. Education and Training Business segment mainly provides products and services, including educational management, educational consulting, vocal training, dance training, technology development, technology transfer, technical consulting, technical services, and technical training.