Guangdong South New Media Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:59 am EDT
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Guangdong South New Media Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,014.9 million compared to CNY 907.71 million a year ago. Revenue was CNY 1,014.9 million compared to CNY 907.71 million a year ago. Net income was CNY 544.7 million compared to CNY 455.14 million a year ago. Basic earnings per share from continuing operations was CNY 2.37 compared to CNY 1.97 a year ago. Diluted earnings per share from continuing operations was CNY 2.37 compared to CNY 1.97 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.