Shanghai Xinhua Media Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 02:00 pm IST
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Shanghai Xinhua Media Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 521.691 million compared to CNY 608.209 million a year ago. Operating income was CNY 8.948 million compared to CNY 19.080 million a year ago. Net income was CNY 8.727 million compared to CNY 17.883 million a year ago. Basic earnings per share from continuing operations was CNY 0.008 compared to CNY 0.017 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. 
