Xinhuanet Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 04:10 am EDT
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Xinhuanet Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,433.403 million compared to CNY 1,569.884 million a year ago. Operating income was CNY 151.091 million compared to CNY 220.180 million a year ago. Net income was CNY 164.941 million compared to CNY 287.887 million a year ago. Basic earnings per share from continuing operations was CNY 0.3178 compared to CNY 0.5547 a year ago.
Xinhuanet Co., Ltd. is a China-based company principally engaged in the provision of news businesses. The Company mainly operates through four segments. Internet Advertising segment is engaged in the presentation and release of Internet advertisements. Information Service segment is engaged in the multimedia information services, big data intelligent analysis services, as well as forum and conference organization services. Website Construction and Technical Service segment is involved in the construction, information release and maintenance of central government, local government and enterprise and institutionâs websites. Mobile Internet segment is engaged in the mobile media businesses, mobile value added businesses, mobile information businesses, as well as online education businesses. The Company mainly operates its business in domestic market.
XINHUANET CO., LTD. 
