Zhejiang Daily Digital Culture Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:35 am EDT
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Zhejiang Daily Digital Culture Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,698.241 million compared to CNY 2,014.596 million a year ago. Operating income was CNY 706.908 million compared to CNY 610.258 million a year ago. Net income was CNY 430.341 million compared to CNY 414.092 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.33 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.