Duzhe Publishing & Media Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 24, 2019
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Duzhe Publishing & Media Co., Ltd. provided earnings guidance for the first half of 2019. For the period, according to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in the first half of 2019 will be between RMB 22.6 million and RMB 25.48 million, with an increase of between RMB 8.2 million and RMB 11.08 million and an increase of between 57% and 77% compared with the same period of the year before. According to preliminary statistics of its financial department, the net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the first half of 2019 will be between RMB 16.73 million and RMB 19.61 million with an increase of between RMB 11.59 million and RMB 14.47 million and an increase of between 225% and 282% compared with the same period of the year before.
DuZhe Publish&Media Co Ltd is a China-based company mainly engaged in the publishing and distribution of paper publications such as periodicals, books and teaching materials. The Company also provides reading services, including mobile subscription accounts, mobile applications (APPs), online radio audio content, online reading and writing education. Its other businesses include advertising business, Reader series office paper sales business, paper and pulp and other raw material trading, cultural and creative product research and development and sales and others.