Xinhuanet Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 08:14 am EDT
Share
Xinhuanet Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,724.07 million compared to CNY 1,433.4 million a year ago. Revenue was CNY 1,724.07 million compared to CNY 1,433.4 million a year ago. Net income was CNY 210.52 million compared to CNY 164.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.4056 compared to CNY 0.3178 a year ago. Diluted earnings per share from continuing operations was CNY 0.4056 compared to CNY 0.3178 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.