Chinese Universe Publishing and Media Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:01 pm EDT
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Chinese Universe Publishing and Media Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 2,524.843 million compared to CNY 2,878.890 million a year ago. Operating income was CNY 390.021 million compared to CNY 523.469 million a year ago. Net income was CNY 357.100 million compared to CNY 496.556 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.36 a year ago.
Chinese Universe Publishing and Media Group Co., Ltd., formerly CHINESE UNIVERSE PUBLISHING AND MEDIA CO., LTD., is a China-based publishing and media company principally engaged in the traditional publishing business, extension chain of business and new format business. Traditional publishing business consists of book editing and publishing, newspaper and magazines, printing and distribution and material supply. The extension chain of business includes domestic and foreign trading, chain of supply, modern logistic business and application of Internet of Things (IoT) technology. The New format business consists of new media and online education, Internet games, digital publishing, television program products, art operation, culture integration and investment and financing. The Company's main products consist of general books, text books teaching assistant materials and audio and video products.
CHINESE UNIVERSE PUBLISHING AND MEDIA GROUP CO., LTD. 
