Chinese Universe Publishing and Media Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 05:46 am EDT
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Chinese Universe Publishing and Media Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 4,947.681 million compared to CNY 5,943.054 million a year ago. Operating income was CNY 933.028 million compared to CNY 972.354 million a year ago. Net income was CNY 859.241 million compared to CNY 895.629 million a year ago. Basic earnings per share from continuing operations was CNY 0.63 compared to CNY 0.65 a year ago.
Chinese Universe Publishing and Media Group Co., Ltd., formerly CHINESE UNIVERSE PUBLISHING AND MEDIA CO., LTD., is a China-based publishing and media company principally engaged in the traditional publishing business, extension chain of business and new format business. Traditional publishing business consists of book editing and publishing, newspaper and magazines, printing and distribution and material supply. The extension chain of business includes domestic and foreign trading, chain of supply, modern logistic business and application of Internet of Things (IoT) technology. The New format business consists of new media and online education, Internet games, digital publishing, television program products, art operation, culture integration and investment and financing. The Company's main products consist of general books, text books teaching assistant materials and audio and video products.