Southern Publishing and Media Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:22 pm EDT
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Southern Publishing and Media Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,706.075 million compared to CNY 1,440.199 million a year ago. Operating income was CNY 157.154 million compared to CNY 113.214 million a year ago. Net income was CNY 158.400 million compared to CNY 113.603 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.13 a year ago.
Southern Publishing and Media Company Limited is principally engaged in the publishing and distribution of books, newspapers, electronic and audio-visual publications. Its book publications are mainly primary and secondary textbooks, and general books (including supplementary). The Company also involves in editing, publishing, agent, wholesale and retail of electronic publications, network reading materials, framework media and other media products, as well as other businesses, such as books and periodicals printing, packaging and decoration printing, printing supplies sales, import and export of publications and copyright trade, among others.