Guangdong Advertising Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 19, 2020 at 06:29 am EDT
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Guangdong Advertising Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 5,091.006 million compared to CNY 5,265.449 million a year ago. Operating income was CNY 82.719 million compared to CNY 157.544 million a year ago. Net income was CNY 47.080 million compared to CNY 104.437 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.06 a year ago.
GUANGDONG ADVERTISING GROUP CO., LTD, formerly GUANGDONG ADVERTISING CO., LTD. is an integrated advertising company. The Company operates its businesses primarily through brand management, which provides brand strategy, brand planning, corporate identity system (CIS) design, brand diagnostic, advertising planning, innovation, design and production, market survey, marketing strategy and packaging, shopping mall terminal design, as well as promotion, exhibition and public relation activities, among others; traditional media agency business, which includes the establishment of media strategy, media innovation and media placement plans, as well as proprietary media business, which includes the operation of bus station billboards, bus advertising and outdoor billboard in Guangdong province, China. It also engages in the digital marketing, the public relation and magazine issuing. It operates its businesses primarily in domestic markets.
GUANGDONG ADVERTISING GROUP CO.,LTD 