Shanghai Xinhua Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:03 pm IST
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Shanghai Xinhua Media Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 197.858 million compared to CNY 152.853 million a year ago. Operating loss was CNY 3.229 million compared to CNY 4.110 million a year ago. Net loss was CNY 3.293 million compared to CNY 3.416 million a year ago. Basic loss per share from continuing operations was CNY 0.003 compared to CNY 0.003 a year ago.
Shanghai Xinhua Media Co Ltd is a Chinese company primarily engaged in book publishing. The Company's main businesses include books and cultural and educational supplies. The Company's books cover the fields of humanities, economic management, children, art and other fields. The Company's newspaper business includes 'Five newspapers and one publication' such as 'Shenjiang Service Herald','Real Estate Times','Talent Market News','Shanghai Student English Newspaper','I Times','Morning Post'and so on. The Company is also engaged in media investment, real estate and property operations and advertising campaign marketing. The Company operates its business in the domestic market.
SHANGHAI XINHUA MEDIA CO., LTD. 
