Xinhuanet Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 08:41 am
Share
Xinhuanet Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 719.483 million compared to CNY 924.128 million a year ago. Operating loss was CNY 10.104 million compared to operating Income of CNY 137.394 million a year ago. Net income was CNY 4.428 million compared to CNY 156.808 million a year ago. Basic earnings per share from continuing operations was CNY 0.0085 compared to CNY 0.3021 a year ago.
Xinhuanet Co., Ltd. is a China-based company principally engaged in the provision of news businesses. The Company mainly operates through four segments. Internet Advertising segment is engaged in the presentation and release of Internet advertisements. Information Service segment is engaged in the multimedia information services, big data intelligent analysis services, as well as forum and conference organization services. Website Construction and Technical Service segment is involved in the construction, information release and maintenance of central government, local government and enterprise and institutionâs websites. Mobile Internet segment is engaged in the mobile media businesses, mobile value added businesses, mobile information businesses, as well as online education businesses. The Company mainly operates its business in domestic market.
XINHUANET CO., LTD. 
