Anhui Xinhua Media Co., Ltd. Provides Earnings Guidance for the First Quarter of 2019
April 12, 2019
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Anhui Xinhua Media Co., Ltd. provided earnings guidance for the first quarter of 2019. For the period, the company predicts that the net profit belonging to shareholders of the listed company in the 1st quarter of 2019 will be between RMB 250 million and RMB 265 million, with a decrease of between 60% and 62% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 216 million and RMB 220 million, with an increase of between 4% and 6% compared with the same period of the year before.
ANHUI XINHUA MEDIA CO., LTD. is a China-based company principally engaged in the publishing, distribution and sales of general books, teaching materials and audiovisual products. The Company is also engaged in the sales of sporting goods and educational equipments, the multimedia, advertising and game businesses, the supply chain management and logistics services, as well as the publishing planning and related services. The Company mainly operates its businesses in Anhui Province.