Guangdong South New Media Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:51 am EDT
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Guangdong South New Media Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 388.39 million compared to CNY 325.67 million a year ago. Revenue was CNY 388.39 million compared to CNY 325.67 million a year ago. Net income was CNY 171.52 million compared to CNY 161.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.74 compared to CNY 0.7 a year ago. Diluted earnings per share from continuing operations was CNY 0.74 compared to CNY 0.7 a year ago.
Guangdong South New Media Co., Ltd. is a China-based company principally involved in new media business. The Company is mainly engaged in Internet Protocol Television (IPTV) and Internet TV businesses, as well as the provision of cable TV network value-added services and province outside private network audio-visual program integrated services. The Company is also engaged in the provision of program event technical services, subway TV technology services and mobile channel technology services. The Company mainly conducts its businesses in domestic market.
GUANGDONG SOUTH NEW MEDIA CO.,LTD. 
