Guangdong Advertising Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 12:09 pm EDT
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Guangdong Advertising Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,691.553 million compared to CNY 2,280.819 million a year ago. Operating income was CNY 41.128 million compared to CNY 68.793 million a year ago. Net income was CNY 44.876 million compared to CNY 33.542 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.02 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.
GUANGDONG ADVERTISING GROUP CO.,LTD 
