Shanghai Xinhua Media Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 04:25 am EDT
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Shanghai Xinhua Media Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,292.840 million compared to CNY 1,346.633 million a year ago. Operating loss was CNY 285.834 million compared to operating Income of CNY 30.316 million a year ago. Net loss was CNY 291.363 million compared to net income of CNY 20.577 million a year ago. Basic loss per share from continuing operations was CNY 0.28 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
Shanghai Xinhua Media Co Ltd is a Chinese company primarily engaged in book publishing. The Company's main businesses include books and cultural and educational supplies. The Company's books cover the fields of humanities, economic management, children, art and other fields. The Company's newspaper business includes 'Five newspapers and one publication' such as 'Shenjiang Service Herald','Real Estate Times','Talent Market News','Shanghai Student English Newspaper','I Times','Morning Post'and so on. The Company is also engaged in media investment, real estate and property operations and advertising campaign marketing. The Company operates its business in the domestic market.
SHANGHAI XINHUA MEDIA CO., LTD. 
