Zhejiang Huamei Holding CO., LTD. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 23, 2024 at 07:02 am EDT
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Zhejiang Huamei Holding CO., LTD. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 297.51 million compared to CNY 335.9 million a year ago. Revenue was CNY 297.51 million compared to CNY 335.9 million a year ago.
Net loss was CNY 10.42 million compared to net income of CNY 3.64 million a year ago. Basic loss per share from continuing operations was CNY 0.0102 compared to basic earnings per share from continuing operations of CNY 0.0036 a year ago. Diluted loss per share from continuing operations was CNY 0.0102 compared to diluted earnings per share from continuing operations of CNY 0.0036 a year ago.
Zhejiang Huamei Holding Co Ltd is a China-based company principally engaged in advertising planning and distribution, newspaper distribution and printing, education and other businesses. The Company primarily operates through two segments. Newspaper Publishing Industry Advertising Planning and Printing Related Business segment mainly provides products and services, including design, production, agency, and release of domestic advertising (except online advertising release), planning of cultural and artistic exchange activities, exhibition services, publications, packaging and decoration, other printed matter printing (limited to branch operations), wholesale, retail, printing equipment, and printing supplies. Education and Training Business segment mainly provides products and services, including educational management, educational consulting, vocal training, dance training, technology development, technology transfer, technical consulting, technical services, and technical training.