Qingdao Citymedia Co,. Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 08:55 am EDT
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Qingdao Citymedia Co,. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,030.161 million compared to CNY 1,114.516 million a year ago. Operating income was CNY 200.189 million compared to CNY 220.492 million a year ago. Net income was CNY 201.155 million compared to CNY 220.924 million a year ago. Basic earnings per share from continuing operations was CNY 0.2865 compared to CNY 0.3147 a year ago.
Qingdao Citymedia Co Ltd is a China-based company mainly engaged in publication planning, editing, publishing, copyright operations, distribution and product sales. The company conducts its business through one segment. The Wholesale and Retail Business of Books, Periodicals and Newspapers is mainly engaged in the publication and distribution of national standard textbooks, educational books, science and technology life books, children's books, and social science and literature books in domestic market, as well as the import and export of copyrights and multi-form development and operations based on the content of publications. The Company is also engaged in the subscription and distribution of teaching materials, teaching aids, general books and periodicals, the sales of educational services and related cultural products, as well as the sales of educational equipment, multimedia equipment, printing materials and other diversified products. The Company mainly operates its businesses in
QINGDAO CITYMEDIA CO,. LTD. 
