Shanghai Xinhua Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 02:44 pm IST
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Shanghai Xinhua Media Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 181.24 million compared to CNY 197.86 million a year ago. Revenue was CNY 181.24 million compared to CNY 197.86 million a year ago. Net loss was CNY 1.7 million compared to CNY 3.29 million a year ago. Basic loss per share from continuing operations was CNY 0.002 compared to CNY 0.003 a year ago. Diluted loss per share from continuing operations was CNY 0.002 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.