Guangdong Guangzhou Daily Media Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 06:32 pm IST
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Guangdong Guangzhou Daily Media Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 360.477 million compared to CNY 491.684 million a year ago. Operating income was CNY 81.868 million compared to CNY 106.144 million a year ago. Net income was CNY 239.680 million compared to CNY 104.664 million a year ago. Basic earnings per share from continuing operations was CNY 0.2064 compared to CNY 0.0901 a year ago.
Guangdong Guangzhou Daily Media Co Ltd is a China-based company principally engaged in newspaper media business. The Company's main businesses include digital marketing and exhibition activities, newspaper advertising and distribution, commercial printing, merchandise sales, leasing and management services and other businesses. The digital marketing and exhibition event business includes integrated marketing communication services. Newspaper advertising and distribution business mainly includes the operation of newspapers, periodicals and new media. Commercial printing business includes newspaper printing and commercial printing. The merchandise sales business includes newspaper sales, household product ordering, e-commerce sales and distribution business. Leasing and management services include cultural and creative park operations. Other businesses mainly include cultural industry investment business and education and training business.