Merit Interactive Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 02:27 pm IST
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Merit Interactive Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 426.74 million compared to CNY 347.57 million a year ago. Revenue was CNY 426.74 million compared to CNY 347.57 million a year ago. Net income was CNY 89.12 million compared to CNY 65.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.23 compared to CNY 0.16 a year ago.
Merit Interactive Co Ltd, formerly Zhejiang Merit Interactive Network Technology Co Ltd, is a China-based mobile Internet integrated service provider based on big data. The Company operates through three segments. The Mobile Application Developer Services segment provides technical push services, user portrait services and data statistics services. The Mobile Internet Marketing Services segment provides notification bar advertisements and application advertisements, which can be divided into brand advertisement services and effect advertisement services by type. The Data Services and Other segment provide Data Management Platform (DMP) services as well as data analysis and consulting services.