Shanghai Longyun Media Group Co., Ltd. Provides Earnings Guidance for the First Quarter of 2020
April 10, 2020
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Shanghai LongYun Media Group Co., Ltd. provided earnings guidance for the first quarter of 2020. According to preliminary statistics of its financial department, the Company predicts that it will turn loss into gains in its net profit belonging to shareholders of the listed company in the 1st quarter of 2020 compared with the same period of the year before, with its net profit owned by shareholders of listed company to be between RMB 3.3 million and RMB 4.95 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 3.2 million and RMB 4.8 million.
Shanghai LongYun Cultural Creation & Technology Group Co Ltd, formerly Shanghai LongYun Media Group Co Ltd, is a China-based company mainly engaged in advertising business. The Company's business includes advertising case service business and advertising media agency business, providing customers with market research, brand management, creative design, video production, advertising strategy, advertising execution, advertising evaluation and other case marketing services. In addition, the Company is also engaged in the business of liquor sales.