People.cn CO., LTD Reports Earnings Results for the First Quarter Ended March 31, 2023
April 27, 2023 at 08:08 am EDT
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People.cn CO., LTD reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 332.21 million compared to CNY 320.1 million a year ago. Revenue was CNY 332.21 million compared to CNY 320.1 million a year ago.
Net income was CNY 27.5 million compared to net loss of CNY 13.5 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to diluted loss per share from continuing operations of CNY 0.01 a year ago.
People.cn CO., LTD is a China-based company, principally engaged in the operation of Internet information business. The Company's major businesses include information business, Internet advertisement and publicity business, mobile value-added business, as well as the provision of technical services. The Company provides political news, economic news, society news, culture news, technology news, education news and international news for global Internet users, through articles, images, cartoons, audios and videos, forums, blogs, micro blogs, podcasts, mobiles, really simple syndication (RSS), online live and other ways. It conducts its businesses within domestic market and to overseas markets.