Guangdong Advertising Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 07:36 am EDT
Share
Guangdong Advertising Group Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 8,996.12 million compared to CNY 8,776.54 million a year ago. Revenue was CNY 8,996.12 million compared to CNY 8,776.54 million a year ago. Net income was CNY 104.24 million compared to net loss of CNY 52.41 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to diluted loss per share from continuing operations of CNY 0.03 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.