Zhejiang Daily Digital Culture Group Co.,Ltd. Provides Earnings Guidance for the Year 2018
January 29, 2019
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Zhejiang Daily Digital Culture Group Co.,Ltd. provided earnings guidance for the year 2018. For the year, the company predicts a decrease of between RMB 1.17 billion and RMB 1.21 billion in its net profit owned by shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year decrease of between 70.6% and 73%. The net profit belonging to shareholders of the listed company in 2018 after excluding extraordinary profit and loss will be between RMB 230 million and RMB 265 million, with an increase of between RMB 41.97 million and RMB 76.97 million compared with the same period of the year before and with a year-on-year increase of between 22% and 41%.
Zhejiang Daily Digital Culture Group Co Ltd is a China-based company principally engaged in the digital economy, expanding and innovating digital culture, and developing digital entertainment, digital cultural tourism, and art businesses. The Company operates through four segments. The Digital Culture segment is mainly engaged in online game operations, online social revenue, technical information services and online advertising revenue. The Digital Technology segment is mainly engaged in data technology, digital smart governance and integrated media technology, including promoting the construction and operation of various data centers. The Venture Capital segment is mainly engaged in investment and Zhejiang digital cultural science and technology park projects. The Branch of Zhejiang Digital segment is mainly engaged in technical information services. The Company mainly operates its businesses in the domestic and overseas markets.