Qingdao Citymedia Co., Ltd. Provides Earnings Guidance for the Year 2017
January 30, 2018
Share
Qingdao Citymedia Co., Ltd. provided earnings guidance for the year 2017. The company predicts that the net profit belonging to shareholders of the company in 2017 will be between RMB 326.5 million and RMB 353.7 million, with an increase of between 20% and 30% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be between RMB 279 million and RMB 305 million with a year-on-year increase of between 10% and 20%.
Qingdao Citymedia Co Ltd is a China-based company mainly engaged in publication planning, editing, publishing, copyright operations, distribution and product sales. The company conducts its business through one segment. The Wholesale and Retail Business of Books, Periodicals and Newspapers is mainly engaged in the publication and distribution of national standard textbooks, educational books, science and technology life books, children's books, and social science and literature books in domestic market, as well as the import and export of copyrights and multi-form development and operations based on the content of publications. The Company is also engaged in the subscription and distribution of teaching materials, teaching aids, general books and periodicals, the sales of educational services and related cultural products, as well as the sales of educational equipment, multimedia equipment, printing materials and other diversified products. The Company mainly operates its businesses in
QINGDAO CITYMEDIA CO,. LTD. 
