Zhejiang Publishing & Media Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:51 am EDT
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Zhejiang Publishing & Media Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,616.71 million compared to CNY 2,057.51 million a year ago. Revenue was CNY 2,616.71 million compared to CNY 2,057.51 million a year ago. Net income was CNY 124.52 million compared to CNY 64.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.056 compared to CNY 0.0323 a year ago. Diluted earnings per share from continuing operations was CNY 0.056 compared to CNY 0.0323 a year ago.
Zhejiang Publishing & Media Co Ltd is a China-based company principally engaged in the publishing, distribution and printing of publications. The Company conducts its businesses through four segments. The Publishing segment is mainly engaged in the publishing business of teaching materials, general books, audiovisual products, periodicals and electronic publications. The Distribution segment is mainly engaged in the distribution of teaching materials, general books, audiovisual products, periodicals and electronic publications. The Printing Processing segment is mainly engaged in the printing of printed materials such as teaching materials, books and periodicals. Other segment is mainly engaged in the business of material trading, logistics services, information technology services, marketing services, education and training, accommodation and catering businesses.