Guangdong Advertising Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:19 am EDT
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Guangdong Advertising Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,736.68 million compared to CNY 2,691.55 million a year ago. Revenue was CNY 2,736.68 million compared to CNY 2,691.55 million a year ago. Net income was CNY 45.71 million compared to CNY 44.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.0262 compared to CNY 0.0257 a year ago. Diluted earnings per share from continuing operations was CNY 0.0262 compared to CNY 0.0257 a year ago.
GUANGDONG ADVERTISING GROUP CO., LTD, formerly GUANGDONG ADVERTISING CO., LTD. is an integrated advertising company. The Company operates its businesses primarily through brand management, which provides brand strategy, brand planning, corporate identity system (CIS) design, brand diagnostic, advertising planning, innovation, design and production, market survey, marketing strategy and packaging, shopping mall terminal design, as well as promotion, exhibition and public relation activities, among others; traditional media agency business, which includes the establishment of media strategy, media innovation and media placement plans, as well as proprietary media business, which includes the operation of bus station billboards, bus advertising and outdoor billboard in Guangdong province, China. It also engages in the digital marketing, the public relation and magazine issuing. It operates its businesses primarily in domestic markets.