Southern Publishing and Media Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 11:43 am EDT
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Southern Publishing and Media Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 6,525.318 million compared to CNY 5,597.419 million a year ago. Operating income was CNY 732.504 million compared to CNY 655.455 million a year ago. Net income was CNY 733.104 million compared to CNY 655.293 million a year ago. Basic earnings per share from continuing operations was CNY 0.82 compared to CNY 0.73 a year ago.
Southern Publishing and Media Company Limited is principally engaged in the publishing and distribution of books, newspapers, electronic and audio-visual publications. Its book publications are mainly primary and secondary textbooks, and general books (including supplementary). The Company also involves in editing, publishing, agent, wholesale and retail of electronic publications, network reading materials, framework media and other media products, as well as other businesses, such as books and periodicals printing, packaging and decoration printing, printing supplies sales, import and export of publications and copyright trade, among others.