Merit Interactive Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 25, 2021 at 09:10 am
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Merit Interactive Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 501.441 million compared to CNY 500.871 million a year ago. Operating income was CNY 79.584 million compared to CNY 75.508 million a year ago. Net income was CNY 71.980 million compared to CNY 75.969 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.19 a year ago.
Merit Interactive Co Ltd, formerly Zhejiang Merit Interactive Network Technology Co Ltd, is a China-based mobile Internet integrated service provider based on big data. The Company operates through three segments. The Mobile Application Developer Services segment provides technical push services, user portrait services and data statistics services. The Mobile Internet Marketing Services segment provides notification bar advertisements and application advertisements, which can be divided into brand advertisement services and effect advertisement services by type. The Data Services and Other segment provide Data Management Platform (DMP) services as well as data analysis and consulting services.