Xinhuanet Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 20, 2021 at 03:51 am EDT
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Xinhuanet Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 635.865 million compared to CNY 443.247 million a year ago. Operating income was CNY 91.781 million compared to operating loss of CNY 9.607 million a year ago. Net income was CNY 82.446 million compared to CNY 3.553 million a year ago. Basic earnings per share from continuing operations was CNY 0.1588 compared to CNY 0.0068 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.