Zhejiang Daily Digital Culture Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 06:22 am EDT
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Zhejiang Daily Digital Culture Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,043.4 million compared to CNY 758.9 million a year ago. Revenue was CNY 1,043.4 million compared to CNY 758.9 million a year ago. Net income was CNY 50.16 million compared to CNY 164.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.13 a year ago.
Zhejiang Daily Digital Culture Group Co Ltd is a China-based company principally engaged in the digital economy, expanding and innovating digital culture, and developing digital entertainment, digital cultural tourism, and art businesses. The Company operates through four segments. The Digital Culture segment is mainly engaged in online game operations, online social revenue, technical information services and online advertising revenue. The Digital Technology segment is mainly engaged in data technology, digital smart governance and integrated media technology, including promoting the construction and operation of various data centers. The Venture Capital segment is mainly engaged in investment and Zhejiang digital cultural science and technology park projects. The Branch of Zhejiang Digital segment is mainly engaged in technical information services. The Company mainly operates its businesses in the domestic and overseas markets.