Chinese Universe Publishing and Media Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 07:14 am EDT
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Chinese Universe Publishing and Media Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 10,339.544 million compared to CNY 11,258.180 million a year ago. Operating income was CNY 2,072.135 million compared to CNY 1,909.150 million a year ago. Net income was CNY 1,805.608 million compared to CNY 1,725.480 million a year ago. Basic earnings per share from continuing operations was CNY 1.33 compared to CNY 1.25 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.