Guangdong South New Media Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 08:41 am EDT
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Guangdong South New Media Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 658.080 million compared to CNY 592.798 million a year ago. Operating income was CNY 362.297 million compared to CNY 305.584 million a year ago. Net income was CNY 361.366 million compared to CNY 306.588 million a year ago. Basic earnings per share from continuing operations was CNY 1.57 compared to CNY 1.33 a year ago.
Guangdong South New Media Co., Ltd. is a China-based company principally involved in new media business. The Company is mainly engaged in Internet Protocol Television (IPTV) and Internet TV businesses, as well as the provision of cable TV network value-added services and province outside private network audio-visual program integrated services. The Company is also engaged in the provision of program event technical services, subway TV technology services and mobile channel technology services. The Company mainly conducts its businesses in domestic market.