Zhejiang Daily Digital Culture Group Co., Ltd. Provides Earnings Guidance for the Year of 2017
January 22, 2018
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Zhejiang Daily Digital Culture Group Co. Ltd. provided earnings guidance for the year of 2017. For the year, the company expects according to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in 2017 will increase by between RMB 1,010 million and RMB 1,075 million, with an increase of between 165% and 176% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss of 2017 will be about between RMB 170.13 million and RMB 235.13 million, which is expected to decrease by between RMB 78.93 million and RMB 13.93 million, with a decrease of between 32% and 6% compared with the same period of the year before. Therefore, the net profit belonging to shareholders of the listed company will increase by between RMB 31.07 million and RMB 96.07 million with an increase of between 22% and 69% compared with the data of the year before under the same caliber (excluding the net profit of about RMB 110 million generated in assets of news and media belonging to shareholders of the listed company excluding extraordinary profit and loss from April to December 2016).
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.